4607 Philco DR, Austin TX 78745

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $374,593. I'd recommend coming to market at $231,000 to $241,000 to strike the right balance between value and market velocity. Against 7 similar active listings in PARK FOREST, this price point lands at the 3rd most expensive of 7 comparable homes on the market. This home's smaller footprint (229 sqft vs the comp average) plays a role in how the market prices it. With 7 similar homes currently listed in PARK FOREST (a buyer's market), competition is a factor to consider. The trend in PARK FOREST shows prices have risen 8.4% in the past 6 months. 4701 SYLVANDALE DR # 1, Austin TX 78745 nearby adjusts to $310,977; with a larger floor plan. With 3 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