5618 Parade RDG, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $625,568. For a well positioned listing in COURTYARD, I'd target the $543,000 to $553,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in COURTYARD. The 332 sqft size difference versus comparable sales is reflected in the adjusted values. The 2005 construction puts this home 21 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 62% since 6 months ago. The most comparable recent sale is 5622 Parade RDG, Austin TX 78731, with an adjusted value of $596,335; a strong comparable. 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