12407 WATERTON PARKE CV, Austin TX 78726

The estimated value of this property is $672,012, based on 5 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $769,000 and $843,000. With 7 comparable homes on the market in PARKE, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Built in 1989, this home is 7 years older than the average comp, which is reflected in the adjustments. The 0.30 acre lot (larger than the 0.25 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in PARKE, ranging from $639,000 to $1,590,000. Recent trends in PARKE show home values have fallen 10.1% since 6 months ago. The most comparable recent sale is 8016 Tahoe Parke CIR, Austin TX 78726, with an adjusted value of $730,516; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group