5006 Miss Julie LN, Austin TX 78727

The estimated value of this property is $622,863, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $414,000 and $424,000. With 5 comparable homes on the market in ENCHANTED FOREST, this price positions the property as the most expensive of 5 comparable homes on the market. At 217 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2010, this home is 6 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in ENCHANTED FOREST; a balanced market based on recent absorption. Recent trends in 78727 show home values have risen 1.7% since 6 months ago. The most comparable recent sale is 12606 Palfrey DR, Austin TX 78727, with an adjusted value of $646,650; a strong comparable. Based on 6 relevant data points in ENCHANTED FOREST, 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