12531 Enchanted Forest DR, Austin TX 78727

Based on 7 closed sales in ENCHANTED FOREST, the data points to a value around $841,628 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $531,000 to $541,000. This home's position in the current ENCHANTED FOREST market: the most expensive of 3 comparable homes on the market among comparable properties. A pool adds market appeal. Only 7 minus 7 of the comps had one. Being built in 2009 (10 years newer than comps) is factored into the value estimate. 3 similar homes are currently available in ENCHANTED FOREST, creating a buyer's market for this price range. Market data shows 78727 prices fallen 8% over the last half year. The closest comparable sale, 12419 Enchanted Forest DR, Austin TX 78727 at an adjusted $754,177, is with a larger floor plan and no pool. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus