12817 War PATH, Austin TX 78727

After reviewing 5 recent transactions in PRESTON OAKS, I estimate this property's value at $581,334. A competitive list price for this home right now would fall in the $507,000 to $517,000 range. Buyers shopping in PRESTON OAKS right now would see this as a well positioned option among 7 comparable homes. Being 209 sqft larger than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 5 of the 5 comps lacked one. 7 similar homes are currently available in PRESTON OAKS, creating a buyer's market for this price range. Prices in 78727 have fallen 8% over the last 6 months. A similar home at 4601 Destinys Gate, Austin TX 78727 carries an adjusted comparable value of $599,086, providing a strong data point. The comp data here (5 sales in PRESTON OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus