8029 Tahoe Parke CIR, Austin TX 78726

After reviewing 5 recent transactions in PARKE, I estimate this property's value at $591,070. A competitive list price for this home right now would fall in the $579,000 to $603,000 range. This home's position in the current PARKE market: the most affordable of 5 comparable homes on the market among comparable properties. The smaller floor plan (267 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 5 comparable homes in PARKE; based on recent absorption. Prices in PARKE have risen 10.1% over the last 6 months. A similar home at 8233 Phantom Canyon DR, Austin TX 78726 carries an adjusted comparable value of $654,360, providing a strong data point. With 5 comparable sales in PARKE, 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