4612 Philco DR # 1, Austin TX 78745

Based on 7 closed sales in PARK FOREST, the data points to a value around $886,674 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $702,000 to $712,000. This pricing would rank the home as the most expensive of 6 comparable homes on the market in PARK FOREST's current inventory. At 393 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2021 (5 years newer than comps) is factored into the value estimate. 6 similar homes are currently available in PARK FOREST, creating a buyer's market for this price range. Market data shows PARK FOREST prices risen 14% over the last half year. The closest comparable sale, 4609 Philco DR # 1, Austin TX 78745 at an adjusted $672,269, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in PARK FOREST. 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