12701 Council Bluff DR, Austin TX 78727

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $638,388. To generate strong buyer interest while maximizing value, I'd price this between $445,000 and $455,000. Against 5 similar active listings in PRESTON OAKS, this price point lands at the most expensive of 5 comparable homes on the market. At 0.18 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. With 5 similar homes currently listed in PRESTON OAKS (a buyer's market), competition is a factor to consider. The trend in 78727 shows prices have fallen 8% in the past 6 months. 4224 Walling Forge DR, Austin TX 78727 nearby adjusts to $656,170; with a larger floor plan. 3 comparable transactions in PRESTON OAKS 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