12509 Alberta Ridge TRL, Austin TX 78726

Based on 6 closed sales in PARKE, the data points to a value around $769,058 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $834,000 to $840,000. Relative to what's currently available in PARKE, this home would be the 3rd least expensive of 7 comparable homes on the market. Lot size matters here: 0.31 acres versus 0.27 for the typical comp. 7 similar homes are currently available in PARKE, creating a buyer's market for this price range. Market data shows PARKE prices risen 6.3% over the last half year. The closest comparable sale, 8004 Tahoe Parke CIR, Austin TX 78726 at an adjusted $797,744, is with a smaller floor plan. The strength of this estimate comes from 6 directly comparable sales in PARKE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group