12501 Parkland DR, Austin TX 78729

Based on 5 closed sales in JOLLY OAKS, the data points to a value around $359,245 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $295,000 to $305,000. This home's position in the current JOLLY OAKS market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being 171 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1975 (6 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in JOLLY OAKS, listed between $299,000 and $415,000. Market data shows 78729 prices risen 1.1% over the last half year. The closest comparable sale, 9505 Eddystone ST, Austin TX 78729 at an adjusted $236,731, is a strong comparable. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus