16205 Remington Reserve WAY, Austin TX 78728

Reviewing the most recent comparable transactions, this home's market value falls around $376,738. For a well positioned listing in PRESTON, I'd target the $279,000 to $289,000 range. With 5 comparable homes on the market in PRESTON, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. At 209 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 5 comparable homes in PRESTON; a balanced market based on recent absorption. Recent trends in 78728 show home values have risen 0% since 6 months ago. The most comparable recent sale is 16304 Travesia Way, Austin TX 78728, with an adjusted value of $349,425; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group