12908 Park DR, Austin TX 78732

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,347,986. To generate strong buyer interest while maximizing value, I'd price this between $1,566,000 and $1,624,000. Against 7 similar active listings in HUGHES PARK LAKE, this price point lands at the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (373 sqft vs the comp average) plays a role in how the market prices it. At 0.74 acres, the lot is larger than the 0.63 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in HUGHES PARK LAKE; a buyer's market based on recent absorption. The trend in 78732 shows prices have risen 0% in the past 6 months. 3109 Wild Rock CV, Austin TX 78732 nearby adjusts to $1,226,388; with a smaller floor plan. The 3 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