12824 Council Bluff DR, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $527,912. For a well positioned listing in PRESTON OAKS, I'd target the $585,000 to $596,000 range. Against 4 similar active listings in PRESTON OAKS, this price point lands at the most affordable of 4 comparable homes on the market. The 126 sqft size difference versus comparable sales is reflected in the adjusted values. The 1998 construction puts this home 5 years newer than the comp average, a factor in the pricing. 4 similar homes are currently available in PRESTON OAKS, creating a balanced market for this price range. Recent trends in 78727 show home values have risen 2.1% since 6 months ago. The most comparable recent sale is 12801 War PATH, Austin TX 78727, with an adjusted value of $495,140; with a smaller floor plan. 7 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