4200 Walling Forge DR, Austin TX 78727

The market data from 3 similar recent sales in PRESTON OAKS points to a value of approximately $438,485. To sell within a reasonable timeframe at fair market value, the $499,000 to $527,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in PRESTON OAKS. This home's smaller footprint (102 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 3 comparable homes in PRESTON OAKS; a buyer's market based on recent absorption. 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 $434,700; a strong comparable. 3 comparable transactions in PRESTON OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group