1522 Frontier Valley DR, Austin TX 78741

Based on 6 closed sales in PARK EAST, the data points to a value around $409,054 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $384,000 to $405,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in PARK EAST's current inventory. At 123 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2017 (5 years newer than comps) is factored into the value estimate. With 3 similar homes currently listed in PARK EAST (a buyer's market), competition is a factor to consider. Market data shows 78741 prices fallen 2.5% over the last half year. The closest comparable sale, 1604 Arcilla ST, Austin TX 78741 at an adjusted $420,309, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in PARK EAST. 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