8800 Collingwood, Austin TX 78748

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $524,964. Pricing this home between $457,000 and $467,000 would put it in the competitive sweet spot for CASTLEWOOD ANNEX. This home's position in the current CASTLEWOOD ANNEX market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. The smaller lot (0.00 acres versus the area average of 0.19) contributes to the valuation. With 5 similar homes currently listed in CASTLEWOOD ANNEX (a balanced market), competition is a factor to consider. Market data shows 78748 prices fallen 4.7% over the last half year. The closest comparable sale, 9810 Willers WAY, Austin TX 78748 at an adjusted $461,127, is a strong comparable. With 7 comparable sales in CASTLEWOOD ANNEX, 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