5008 Miss Julie LN, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $719,252. For a well positioned listing in ENCHANTED FOREST, I'd target the $586,000 to $596,000 range. Against 3 similar active listings in ENCHANTED FOREST, this price point lands at the most expensive of 3 comparable homes on the market. At 441 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 3 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 12419 Enchanted Forest DR, Austin TX 78727, with an adjusted value of $715,584; with a smaller floor plan. 4 comparable transactions in ENCHANTED FOREST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group