500 Celery LOOP, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $386,362. For a well positioned listing in PARKRIDGE GARDENS, I'd target the $253,000 to $263,000 range. With 4 comparable homes on the market in PARKRIDGE GARDENS, this price positions the property as the most expensive of 4 comparable homes on the market. The 2008 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.30 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in PARKRIDGE GARDENS, listed between $249,900 and $422,500. Recent trends in 78748 show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 8845 Francia TRL, Austin TX 78748, with an adjusted value of $335,775; a strong comparable. 3 comparable transactions in PARKRIDGE GARDENS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group