6302 Mountain Park CV, Austin TX 78731

The market data from 3 similar recent sales in PARKHILL points to a value of approximately $1,349,475. To sell within a reasonable timeframe at fair market value, the $1,090,000 to $1,100,000 range is where I'd position this. Against 4 similar active listings in PARKHILL, this price point lands at the most expensive of 4 comparable homes on the market. Being 215 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.47 acres, the lot is larger than the 0.41 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in PARKHILL; a balanced market based on recent absorption. In 78731, home values have risen approximately 4.7% over the past 6 months. One of the strongest data points is 4328 Far West BLVD, Austin TX 78731, adjusting to $1,330,491; with a smaller floor plan. The 3 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