8422 Jamestown DR, Austin TX 78758

Based on 6 closed sales in COLONY NORTH, the data points to a value around $344,734 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $238,000 to $248,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in COLONY NORTH's current inventory. Lot size matters here: 0.14 acres versus 0.17 for the typical comp. There are currently 7 similar homes on the market in COLONY NORTH, ranging from $219,000 to $487,700. Market data shows 78758 prices fallen 4.6% over the last half year. The closest comparable sale, 8512 New Hampshire DR, Austin TX 78758 at an adjusted $386,278, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in COLONY NORTH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group