5013 Miss Julie LN, Austin TX 78727

After reviewing 4 recent transactions in ENCHANTED FOREST, I estimate this property's value at $702,731. A competitive list price for this home right now would fall in the $591,000 to $601,000 range. Relative to what's currently available in ENCHANTED FOREST, this home would be the 2nd most expensive of 5 comparable homes on the market. The larger floor plan (559 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in ENCHANTED FOREST includes 5 comparable homes priced from $535,000 to $1,400,000. Prices in 78727 have risen 5% over the last 6 months. A similar home at 12419 Enchanted Forest DR, Austin TX 78727 carries an adjusted comparable value of $703,337, providing a strong data point. The comp data here (4 sales in ENCHANTED FOREST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus