8009 Parliament PL, Austin TX 78759

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $496,996. Pricing this home between $348,000 and $358,000 would put it in the competitive sweet spot for PARLIAMENT PLACE TWNHMS. This would position the home competitively among 7 active listings in PARLIAMENT PLACE TWNHMS. The smaller lot (0.10 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 7 comparable homes in PARLIAMENT PLACE TWNHMS; a balanced market based on recent absorption. Market data shows 78759 prices risen 6% over the last half year. The closest comparable sale, 11814 Barrington WAY, Austin TX 78759 at an adjusted $305,478, is a strong comparable. With 7 comparable sales in PARLIAMENT PLACE TWNHMS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group