12303 Klondike Rush PT, Austin TX 78726

The market data from 5 similar recent sales in PARKE points to a value of approximately $770,291. To sell within a reasonable timeframe at fair market value, the $1,069,000 to $1,436,000 range is where I'd position this. With 4 comparable homes on the market in PARKE, this price positions the property as the most affordable of 4 comparable homes on the market. At 341 sqft larger than the typical comp, the size difference factors into the valuation. The 1993 construction puts this home 6 years older than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in PARKE, listed between $998,000 and $2,795,000. In PARKE, home values have risen approximately 3.7% over the past 6 months. One of the strongest data points is 8021 Tahoe Parke CIR, Austin TX 78726, adjusting to $755,173; with a smaller floor plan. 5 comparable transactions in PARKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group