4301 Columbine DR, Austin TX 78727

After reviewing 6 recent transactions in PRESTON OAKS, I estimate this property's value at $553,607. A competitive list price for this home right now would fall in the $564,000 to $580,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in PRESTON OAKS's current inventory. The larger floor plan (222 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.17 acres versus the area average of 0.14) contributes to the valuation. Right now, 3 similar properties are competing for buyers in PRESTON OAKS, listed between $524,900 and $575,000. Prices in 78727 have risen 2.1% over the last 6 months. A similar home at 12801 War PATH, Austin TX 78727 carries an adjusted comparable value of $497,342, providing a strong data point. With 6 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