8001 Weldon Springs CT, Austin TX 78726

Reviewing the most recent comparable transactions, this home's market value falls around $791,992. For a well positioned listing in PARKE, I'd target the $1,140,000 to $1,631,000 range. Among the similar homes currently available in PARKE, this price point stands out as competitive. This home's larger footprint (413 sqft vs the comp average) plays a role in how the market prices it. The 1993 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in PARKE; a balanced market based on recent absorption. Recent trends in PARKE show home values have risen 12.8% since 6 months ago. The most comparable recent sale is 8105 Endeavor CIR, Austin TX 78726, with an adjusted value of $811,790; 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