5412 Tipton DR, Austin TX 78723

The market data from 3 similar recent sales in PRESWYCK HILLS points to a value of approximately $719,001. To sell within a reasonable timeframe at fair market value, the $576,000 to $586,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in PRESWYCK HILLS. The 485 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.39 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Buyers in PRESWYCK HILLS have 7 comparable options right now, with asking prices between $509,000 and $1,075,000. In 78723, home values have fallen approximately 1.2% over the past 6 months. One of the strongest data points is 5307 Halmark DR, Austin TX 78723, adjusting to $659,137; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group