12217 Waterton Parke CIR, Austin TX 78726

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $777,379. Pricing this home between $1,275,000 and $1,570,000 would put it in the competitive sweet spot for PARKE. This home's position in the current PARKE market: the most affordable of 5 comparable homes on the market among comparable properties. The larger floor plan (508 sqft compared to the average comp) is a meaningful differentiator in this price range. 5 similar homes are currently available in PARKE, creating a seller's market for this price range. Market data shows PARKE prices fallen 10.1% over the last half year. The closest comparable sale, 8101 Red Bird CT, Austin TX 78726 at an adjusted $720,125, is with a smaller floor plan. 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