4617 Destinys Gate DR, Austin TX 78727

Based on 3 closed sales in PRESTON OAKS3, the data points to a value around $567,845 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $551,000 to $585,000. Relative to what's currently available in PRESTON OAKS3, this home would be the 3rd most expensive of 5 comparable homes on the market. At 210 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1998 (5 years newer than comps) is factored into the value estimate. With 5 similar homes currently listed in PRESTON OAKS3 (a buyer's market), competition is a factor to consider. Market data shows 78727 prices fallen 0.6% over the last half year. The closest comparable sale, 12801 War PATH, Austin TX 78727 at an adjusted $508,697, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in PRESTON OAKS3. 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