9613 MAGNA CARTA LOOP, Austin TX 78754

Reviewing the most recent comparable transactions, this home's market value falls around $372,294. For a well positioned listing in COLONIAL PLACE, I'd target the $407,000 to $410,000 range. Among the similar homes currently available in COLONIAL PLACE, this price point stands out as competitive. At 0.23 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. With 7 similar homes currently listed in COLONIAL PLACE (a buyer's market), competition is a factor to consider. Recent trends in 78754 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 4710 Lake Champlain LN, Austin TX 78754, with an adjusted value of $406,688; with a smaller floor plan. 7 comparable transactions in COLONIAL PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group