12506 Parkland DR, Austin TX 78729

The market data from 7 similar recent sales in 78729 points to a value of approximately $474,854. To sell within a reasonable timeframe at fair market value, the $407,000 to $417,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in 78729. Current inventory shows 5 comparable homes in 78729; a buyer's market based on recent absorption. In 78729, home values have fallen approximately 0.6% over the past 6 months. One of the strongest data points is 9405 Shady Oaks DR, Austin TX 78729, adjusting to $554,788; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group