4217 Walling Forge DR, Austin TX 78727

After reviewing 7 recent transactions in PRESTON OAKS, I estimate this property's value at $652,416. A competitive list price for this home right now would fall in the $472,000 to $482,000 range. Buyers shopping in PRESTON OAKS right now would see this as a well positioned option among 3 comparable homes. This home's larger footprint (329 sqft vs the comp average) plays a role in how the market prices it. Right now, 3 similar properties are competing for buyers in PRESTON OAKS, listed between $449,000 and $725,000. Prices in 78727 have fallen 8% over the last 6 months. A similar home at 12606 Palfrey DR, Austin TX 78727 carries an adjusted comparable value of $634,948, providing a strong data point. With 7 comparable sales in PRESTON OAKS, 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