8013 Parliament PL, Austin TX 78759

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $415,273. Pricing this home between $450,000 and $452,000 would put it in the competitive sweet spot for 78759. Buyers shopping in 78759 right now would see this as a well positioned option among 7 comparable homes. At 7 years older than typical comps, the 1979 build date influences the valuation. The smaller lot (0.05 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 7 comparable homes in 78759; a balanced market based on recent absorption. Market data shows 78759 prices risen 14.5% over the last half year. The closest comparable sale, 12932 Covington TRL, Austin TX 78727 at an adjusted $379,755, is a strong comparable. The comp data here (7 sales in 78759) 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