4200 Columbine DR, Austin TX 78727

The market data from 3 similar recent sales in PRESTON OAKS points to a value of approximately $437,823. To sell within a reasonable timeframe at fair market value, the $499,000 to $527,000 range is where I'd position this. Against 3 similar active listings in PRESTON OAKS, this price point lands at the most affordable of 3 comparable homes on the market. The smaller floor plan (102 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 3 similar properties are competing for buyers in PRESTON OAKS, listed between $500,000 and $539,000. In 78727, home values have fallen approximately 8% over the past 6 months. One of the strongest data points is 4221 Walling Forge DR, Austin TX 78727, adjusting to $434,698; a strong comparable. The 3 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