5616 Parade RDG, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $751,373. For a well positioned listing in COURTYARD, I'd target the $592,000 to $602,000 range. Among the similar homes currently available in COURTYARD, this price point stands out as competitive. This home's larger footprint (198 sqft vs the comp average) plays a role in how the market prices it. The 1995 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in COURTYARD (a balanced market), competition is a factor to consider. Recent trends in COURTYARD show home values have risen 28.1% since 6 months ago. The most comparable recent sale is 5622 Parade RDG, Austin TX 78731, with an adjusted value of $676,338; with a smaller floor plan. The 7 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