16403 Paralee CV, Austin TX 78717

The estimated value of this property is $553,766, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $597,000 and $637,000. In the current MEADOWS OF BRUSHY CREEK market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. The 0.41 acre lot (larger than the 0.27 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in MEADOWS OF BRUSHY CREEK; a buyer's market based on recent absorption. Recent trends in 78717 show home values have fallen 0.4% since 6 months ago. The most comparable recent sale is 8419 Cambria DR, Austin TX 78717, with an adjusted value of $501,415; with a larger floor plan. With 4 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