12507 Parkland DR, Austin TX 78729

The market data from 7 similar recent sales in JOLLY OAKS points to a value of approximately $422,099. To sell within a reasonable timeframe at fair market value, the $275,000 to $285,000 range is where I'd position this. With 7 comparable homes on the market in JOLLY OAKS, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 1975 construction puts this home 5 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in JOLLY OAKS, creating for this price range. In JOLLY OAKS, home values have fallen approximately 18.2% over the past 6 months. One of the strongest data points is 12511 Tree Line DR, Austin TX 78729, adjusting to $378,480; a strong comparable. 7 comparable transactions in JOLLY OAKS 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