16017 Remington Reserve, Austin TX 78728

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $431,038. I'd recommend coming to market at $462,000 to $481,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in PRESTON, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 135 sqft larger than the typical comp, the size difference factors into the valuation. 4 similar homes are currently available in PRESTON, creating a balanced market for this price range. The trend in PRESTON shows prices have fallen 18% in the past 6 months. 16101 Travesia WAY, Austin TX 78728 nearby adjusts to $435,878; with a smaller floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group