8021 Davis Mountain PASS, Austin TX 78726

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $646,900. To generate strong buyer interest while maximizing value, I'd price this between $719,000 and $731,000. Against 3 similar active listings in PARKE, this price point lands at the most affordable of 3 comparable homes on the market. The larger floor plan (171 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1993 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in PARKE includes 3 comparable homes priced from $700,000 to $874,900. The trend in PARKE shows prices have fallen 6.8% in the past 6 months. 8119 Tahoe Parke CIR, Austin TX 78726 nearby adjusts to $533,862; a strong comparable. 7 comparable transactions in PARKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group