12407 Deer Trak, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $669,111. For a well positioned listing in 78727, I'd target the $707,000 to $784,000 range. Against 4 similar active listings in 78727, this price point lands at the 2nd least expensive of 4 comparable homes on the market. The larger floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.36 acre comp average, which factors into pricing. The active market in 78727 includes 4 comparable homes priced from $519,900 to $1,349,000. Recent trends in 78727 show home values have fallen 8% since 6 months ago. The most comparable recent sale is 4701 Pony Chase, Austin TX 78727, with an adjusted value of $599,491; with a pool. 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