12202 Klondike Rush PT, Austin TX 78726

After reviewing 4 recent transactions in PARKE, I estimate this property's value at $627,832. A competitive list price for this home right now would fall in the $643,000 to $774,000 range. This pricing would rank the home as the most affordable of 3 comparable homes on the market in PARKE's current inventory. At 6 years older than typical comps, the 1990 build date influences the valuation. The larger lot (0.27 acres versus the area average of 0.23) contributes to the valuation. 3 similar homes are currently available in PARKE, creating a buyer's market for this price range. Prices in PARKE have risen 8.8% over the last 6 months. A similar home at 8119 Tahoe Parke CIR, Austin TX 78726 carries an adjusted comparable value of $552,017, providing a strong data point. The comp data here (4 sales in PARKE) 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