1202 Reagan TER, Austin TX 78704

After reviewing 7 recent transactions in PARKINSON PLACE, I estimate this property's value at $1,035,702. A competitive list price for this home right now would fall in the $635,000 to $645,000 range. This would position the home competitively among 7 active listings in PARKINSON PLACE. At 5 years older than typical comps, the 1978 build date influences the valuation. The larger lot (0.40 acres versus the area average of 0.18) contributes to the valuation. Buyers in PARKINSON PLACE have 7 comparable options right now, with asking prices between $593,999 and $1,999,500. Prices in 78704 have fallen 1.8% over the last 6 months. A similar home at 1505 Summit ST, Austin TX 78741 carries an adjusted comparable value of $834,813, providing a strong data point. The comp data here (7 sales in PARKINSON PLACE) 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