8900 Magna Carta LOOP, Austin TX 78754

After reviewing 3 recent transactions in COLONIAL PLACE, I estimate this property's value at $354,953. A competitive list price for this home right now would fall in the $295,000 to $305,000 range. This pricing would rank the home as the most expensive of 4 comparable homes on the market in COLONIAL PLACE's current inventory. Being 141 sqft smaller than the average comparable sale in this area impacts the per square foot value. Buyers in COLONIAL PLACE have 4 comparable options right now, with asking prices between $270,000 and $389,000. Prices in 78754 have fallen 5.7% over the last 6 months. A similar home at 4710 Virginia Dare LN, Austin TX 78754 carries an adjusted comparable value of $384,362, providing a strong data point. With 3 comparable sales in COLONIAL PLACE, 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