7809 Parliament PL, Austin TX 78759

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $375,736. I'd recommend coming to market at $214,000 to $224,000 to strike the right balance between value and market velocity. Against 7 similar active listings in PARLIAMENT PLACE, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 0.07 acre lot (smaller than the 0.12 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in PARLIAMENT PLACE; a balanced market based on recent absorption. The trend in 78759 shows prices have risen 5.3% in the past 6 months. 11814 Barrington WAY, Austin TX 78759 nearby adjusts to $253,253; with a larger floor plan. Based on 7 relevant data points in PARLIAMENT PLACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX