5011 Miss Julie LN, Austin TX 78727

The market data from 5 similar recent sales in ENCHANTED FOREST points to a value of approximately $671,322. To sell within a reasonable timeframe at fair market value, the $483,000 to $493,000 range is where I'd position this. Among the similar homes currently available in ENCHANTED FOREST, this price point stands out as competitive. The 145 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 5 comparable homes in ENCHANTED FOREST; a balanced market based on recent absorption. In 78727, home values have fallen approximately 8.5% over the past 6 months. One of the strongest data points is 12419 Enchanted Forest DR, Austin TX 78727, adjusting to $643,749; with a larger floor plan. 5 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