2302 Preston Trails CV, Austin TX 78747

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $556,250. Pricing this home between $552,000 and $605,000 would put it in the competitive sweet spot for ONION CREEK. Buyers shopping in ONION CREEK right now would see this as a well positioned option among 5 comparable homes. At 194 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.32 acres versus the area average of 0.28) contributes to the valuation. Current inventory shows 5 comparable homes in ONION CREEK; a balanced market based on recent absorption. Market data shows ONION CREEK prices risen 1.7% over the last half year. The closest comparable sale, 10208 La Costa DR, Austin TX 78747 at an adjusted $518,227, is with a larger floor plan. The comp data here (7 sales in ONION CREEK) 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