8407 Bangor BND, Austin TX 78758

Reviewing the most recent comparable transactions, this home's market value falls around $404,027. For a well positioned listing in COLONY NORTH, I'd target the $272,000 to $282,000 range. With 7 comparable homes on the market in COLONY NORTH, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 0.33 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. With 7 similar homes currently listed in COLONY NORTH (a buyer's market), competition is a factor to consider. Recent trends in 78758 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 8432 Jamestown DR, Austin TX 78758, with an adjusted value of $391,247; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group