4024 Tranquil LN, Austin TX 78728

The estimated value of this property is $470,155, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $484,000 and $493,000. In the current PRESTON market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Built in 2011, this home is 7 years older than the average comp, which is reflected in the adjustments. The active market in PRESTON includes 7 comparable homes priced from $385,000 to $540,000. Recent trends in 78728 show home values have fallen 3.3% since 6 months ago. The most comparable recent sale is 16304 Travesia Way, Austin TX 78728, with an adjusted value of $413,852; with a smaller floor plan. Based on 7 relevant data points in PRESTON, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX