3202 Rexford DR, Austin TX 78723

My analysis of 7 comparable properties puts this home's estimated value at $569,655. Based on how the local market is moving, a list price between $625,000 and $660,000 would position this home well. This home's position in the current PRESWYCK HILLS market: the 4th most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (514 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.26 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 7 comparable homes in PRESWYCK HILLS; a buyer's market based on recent absorption. The 6 month price trend in 78723: risen 1.6%. The best comp here is 5307 Halmark DR, Austin TX 78723 at an adjusted value of $585,032, with a smaller floor plan. With 7 comparable sales in PRESWYCK HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group