12912 PARK DR, Austin TX 78732

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,173,498. I'd recommend coming to market at $1,274,000 to $1,517,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in HUGHES PARK LAKE, this price positions the property as the most affordable of 2 comparable homes on the market. The larger floor plan (2,957 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 6 of 7 comparable homes not offering one. With 2 similar homes currently listed in HUGHES PARK LAKE (a buyer's market), competition is a factor to consider. The trend in 78732 shows prices have risen 0.7% in the past 6 months. 13612 Flat Top Ranch RD, Austin TX 78732 nearby adjusts to $1,517,208; with a smaller floor plan and no pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group