12700 Venice LN # 231, Austin TX 78750

After reviewing 7 recent transactions in PECAN PARK GARDEN ESTATES, I estimate this property's value at $414,626. A competitive list price for this home right now would fall in the $434,000 to $437,000 range. This home's position in the current PECAN PARK GARDEN ESTATES market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 15 years newer than typical comps, the 2007 build date influences the valuation. The smaller lot (0.04 acres versus the area average of 0.17) contributes to the valuation. The active market in PECAN PARK GARDEN ESTATES includes 3 comparable homes priced from $368,000 to $439,995. Prices in 78750 have fallen 1.4% over the last 6 months. A similar home at 12501 Piper CT, Austin TX 78750 carries an adjusted comparable value of $318,203, providing a strong data point. The comp data here (7 sales in PECAN PARK GARDEN ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus