1124 Brecon LN, Austin TX 78748

Taking into account 6 nearby comparable sales, this property's estimated value comes to $458,394. If we were to list this property today, I'd recommend a list price in the $525,000 to $527,000 range. Relative to what's currently available in PARKWOOD, this home would be the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (247 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in PARKWOOD; a seller's market based on recent absorption. The 6 month price trend in PARKWOOD: fallen 9.9%. The best comp here is 8611 Devine LN, Austin TX 78748 at an adjusted value of $469,420, a strong comparable. The strength of this estimate comes from 6 directly comparable sales in PARKWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group