8000 Castle Peake TRL, Austin TX 78726

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $634,361. Pricing this home between $622,000 and $647,000 would put it in the competitive sweet spot for PARKE. Relative to what's currently available in PARKE, this home would be the most affordable of 3 comparable homes on the market. The smaller floor plan (201 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 1991 build date influences the valuation. The active market in PARKE includes 3 comparable homes priced from $629,000 to $865,000. Market data shows PARKE prices risen 10.1% over the last half year. The closest comparable sale, 8007 Davis Mountain CV, Austin TX 78726 at an adjusted $617,294, is with a larger floor plan. The comp data here (4 sales in PARKE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus