12520 Enchanted Forest DR, Austin TX 78727

Based on 4 closed sales in ENCHANTED FOREST, the data points to a value around $754,279 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $592,000 to $602,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in ENCHANTED FOREST's current inventory. This home's larger footprint (521 sqft vs the comp average) plays a role in how the market prices it. Right now, 3 similar properties are competing for buyers in ENCHANTED FOREST, listed between $525,000 and $615,000. Market data shows 78727 prices fallen 8.5% over the last half year. The closest comparable sale, 12419 Enchanted Forest DR, Austin TX 78727 at an adjusted $731,556, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in ENCHANTED FOREST. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group