4613 Philco DR, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $363,896. For a well positioned listing in PARK FOREST, I'd target the $313,000 to $323,000 range. With 5 comparable homes on the market in PARK FOREST, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (224 sqft compared to the average comp) is a meaningful differentiator in this price range. With 5 similar homes currently listed in PARK FOREST (a buyer's market), competition is a factor to consider. Recent trends in PARK FOREST show home values have risen 14% since 6 months ago. The most comparable recent sale is 5008 Glencoe CIR, Austin TX 78745, with an adjusted value of $413,254; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group