8011 Castle Peake TRL, Austin TX 78726

Reviewing the most recent comparable transactions, this home's market value falls around $584,800. For a well positioned listing in PARKE, I'd target the $318,000 to $328,000 range. Among the similar homes currently available in PARKE, this price point stands out as competitive. The 638 sqft size difference versus comparable sales is reflected in the adjusted values. The 1992 construction puts this home 6 years older than the comp average, a factor in the pricing. Right now, 6 similar properties are competing for buyers in PARKE, listed between $349,950 and $1,499,000. Recent trends in PARKE show home values have risen 8.8% since 6 months ago. The most comparable recent sale is 8111 Davis Mountain PASS, Austin TX 78726, with an adjusted value of $488,848; with a larger floor plan. The 7 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