12816 Council Bluff DR, Austin TX 78727

The estimated value of this property is $450,490, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $348,000 and $358,000. In the current PRESTON OAKS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Being 138 sqft smaller than the average comparable sale in this area impacts the per square foot value. Right now, 3 similar properties are competing for buyers in PRESTON OAKS, listed between $325,000 and $525,000. Recent trends in 78727 show home values have fallen 3.9% since 6 months ago. The most comparable recent sale is 4500 Destinys Gate DR, Austin TX 78727, with an adjusted value of $493,532; a strong comparable. Based on 3 relevant data points in PRESTON OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX