4224 Columbine DR, Austin TX 78727

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $528,368. I'd recommend coming to market at $583,000 to $594,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in PRESTON OAKS. The larger floor plan (117 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1997, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in PRESTON OAKS; a buyer's market based on recent absorption. The trend in 78727 shows prices have fallen 4.2% in the past 6 months. 12801 War PATH, Austin TX 78727 nearby adjusts to $493,526; with a smaller floor plan. Based on 7 relevant data points in PRESTON OAKS, 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