4216 Walling Forge DR, Austin TX 78727

Based on 7 closed sales in PRESTON OAKS, the data points to a value around $508,517 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $537,000 to $548,000. This home's position in the current PRESTON OAKS market: the most affordable of 6 comparable homes on the market among comparable properties. Being built in 1997 (10 years newer than comps) is factored into the value estimate. The active market in PRESTON OAKS includes 6 comparable homes priced from $499,000 to $549,000. Market data shows 78727 prices fallen 8% over the last half year. The closest comparable sale, 12804 Council Bluff DR, Austin TX 78727 at an adjusted $463,752, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in PRESTON OAKS. 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