9115 Magna Carta LOOP # 26, Austin TX 78754

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $294,803. To generate strong buyer interest while maximizing value, I'd price this between $308,000 and $317,000. In the current COLONIAL PLACE market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. Being 399 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2004 construction puts this home 5 years older than the comp average, a factor in the pricing. Right now, 5 similar properties are competing for buyers in COLONIAL PLACE, listed between $315,000 and $335,000. The trend in COLONIAL PLACE shows prices have fallen 15.5% in the past 6 months. 4807 Fort Moultrie LN, Austin TX 78754 nearby adjusts to $280,554; with a larger floor plan. 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