8002 Mead Parke CV, Austin TX 78726

The estimated value of this property is $612,666, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $607,000 and $612,000. In the current PARKE market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The smaller floor plan (281 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.27 acre lot (larger than the 0.22 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in PARKE, ranging from $549,500 to $705,000. Recent trends in PARKE show home values have risen 12.8% since 6 months ago. The most comparable recent sale is 8007 Davis Mountain CV, Austin TX 78726, with an adjusted value of $594,141; with a larger floor plan. Based on 4 relevant data points in PARKE, 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