12423 Dorsett RD, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $570,301. For a well positioned listing in ENCHANTED FOREST, I'd target the $493,000 to $503,000 range. Among the similar homes currently available in ENCHANTED FOREST, this price point stands out as competitive. The larger floor plan (215 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2008 construction puts this home 10 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in ENCHANTED FOREST; a balanced market based on recent absorption. Recent trends in 78727 show home values have risen 2.1% since 6 months ago. The most comparable recent sale is 12809 Council Bluff DR, Austin TX 78727, with an adjusted value of $590,020; with a smaller floor plan. 3 comparable transactions in ENCHANTED FOREST 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