1407 PARKER BND, Austin TX 78734

After reviewing 7 recent transactions in TRAVIS OAK, I estimate this property's value at $458,741. A competitive list price for this home right now would fall in the $445,000 to $473,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in TRAVIS OAK's current inventory. At 10 years older than typical comps, the 1977 build date influences the valuation. The larger lot (0.93 acres versus the area average of 0.39) contributes to the valuation. Current inventory shows 7 comparable homes in TRAVIS OAK; a buyer's market based on recent absorption. Prices in 78734 have fallen 7% over the last 6 months. A similar home at 4007 Eck LN, Austin TX 78734 carries an adjusted comparable value of $510,646, providing a strong data point. The comp data here (7 sales in TRAVIS OAK) 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