5600 Durango PASS, Austin TX 78724

My analysis of 4 comparable properties puts this home's estimated value at $488,785. Based on how the local market is moving, a list price between $474,000 and $503,000 would position this home well. This pricing would rank the home as the most affordable of 4 comparable homes on the market in EAST PARKE's current inventory. Being 171 sqft smaller than the average comparable sale in this area impacts the per square foot value. With 4 similar homes currently listed in EAST PARKE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78724: risen 5.5%. The best comp here is 5408 Mars LN, Austin TX 78724 at an adjusted value of $495,856, a strong comparable. With 4 comparable sales in EAST PARKE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group