4721 Philco DR, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $385,488. For a well positioned listing in PARK FOREST, I'd target the $440,000 to $446,000 range. With 4 comparable homes on the market in PARK FOREST, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in PARK FOREST; a buyer's market based on recent absorption. Recent trends in PARK FOREST show home values have risen 23.4% since 6 months ago. The most comparable recent sale is 4701 SYLVANDALE DR # 1, Austin TX 78745, with an adjusted value of $330,553; with a smaller 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