1201 Strickland DR, Austin TX 78748

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $475,152. I'd recommend coming to market at $485,000 to $487,000 to strike the right balance between value and market velocity. Among the similar homes currently available in PARKWOOD, this price point stands out as competitive. The larger floor plan (166 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in PARKWOOD; a seller's market based on recent absorption. The trend in PARKWOOD shows prices have fallen 5.9% in the past 6 months. 1132 Brecon LN, Austin TX 78748 nearby adjusts to $484,992; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group