10924 Preston Trails DR, Austin TX 78747

After reviewing 7 recent transactions in 78747, I estimate this property's value at $470,582. A competitive list price for this home right now would fall in the $379,000 to $389,000 range. This would position the home competitively among 7 active listings in 78747. At 20 years older than typical comps, the 1977 build date influences the valuation. The smaller lot (0.26 acres versus the area average of 0.47) contributes to the valuation. Buyers in 78747 have 7 comparable options right now, with asking prices between $370,000 and $595,000. Prices in 78747 have fallen 4.5% over the last 6 months. A similar home at 11509 Circle DR, Austin TX 78748 carries an adjusted comparable value of $492,013, providing a strong data point. The comp data here (7 sales in 78747) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus