1231 Parkway # 1, Austin TX 78703

After reviewing 3 recent transactions in 78703, I estimate this property's value at $1,681,533. A competitive list price for this home right now would fall in the $1,755,000 to $2,094,000 range. Buyers shopping in 78703 right now would see this as a well positioned option among 3 comparable homes. At 207 sqft larger than the typical comp, the size difference factors into the valuation. At 10 years older than typical comps, the 2001 build date influences the valuation. 3 similar homes are currently available in 78703, creating a buyer's market for this price range. Prices in 78703 have risen 4.4% over the last 6 months. A similar home at 2312 W 8th ST, Austin TX 78703 carries an adjusted comparable value of $1,649,483, providing a strong data point. The comp data here (3 sales in 78703) 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