7805 Parliament PL, Austin TX 78759

The estimated value of this property is $204,688, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $199,000 and $211,000. With 4 comparable homes on the market in PARLIAMENT PLACE, this price positions the property as the most affordable of 4 comparable homes on the market. The 0.05 acre lot (smaller than the 0.10 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in PARLIAMENT PLACE; a balanced market based on recent absorption. Recent trends in 78759 show home values have risen 13.8% since 6 months ago. The most comparable recent sale is 8340 Fathom CIR # 703, Austin TX 78750, with an adjusted value of $219,166; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group