8409 Garcreek CIR, Austin TX 78724

After reviewing 7 recent transactions in COLONY MEADOWS, I estimate this property's value at $388,449. A competitive list price for this home right now would fall in the $505,000 to $522,000 range. This pricing would rank the home as the most affordable of 5 comparable homes on the market in COLONY MEADOWS's current inventory. The 124 sqft size difference versus comparable sales is reflected in the adjusted values. At 18 years newer than typical comps, the 2014 build date influences the valuation. Current inventory shows 5 comparable homes in COLONY MEADOWS; a buyer's market based on recent absorption. Prices in 78724 have risen 0.1% over the last 6 months. A similar home at 7406 Crystalbrook DR, Austin TX 78724 carries an adjusted comparable value of $504,879, providing a strong data point. With 7 comparable sales in COLONY MEADOWS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group