2305 Preston Trails CV, Austin TX 78747

Taking into account 7 nearby comparable sales, this property's estimated value comes to $405,724. If we were to list this property today, I'd recommend a list price in the $454,000 to $463,000 range. Buyers shopping in 78747 right now would see this as a well positioned option among 7 comparable homes. Being built in 1974 (21 years older than comps) is factored into the value estimate. Lot size matters here: 0.24 acres versus 0.45 for the typical comp. The active market in 78747 includes 7 comparable homes priced from $399,000 to $699,000. The 6 month price trend in 78747: fallen 11.7%. The best comp here is 11101 Visa Rose DR, Austin TX 78748 at an adjusted value of $412,148, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78747. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group