8100 Davis Mountain PASS, Austin TX 78726

After reviewing 7 recent transactions in PARKE, I estimate this property's value at $610,841. A competitive list price for this home right now would fall in the $705,000 to $710,000 range. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in PARKE's current inventory. This home's larger footprint (166 sqft vs the comp average) plays a role in how the market prices it. At 6 years older than typical comps, the 1990 build date influences the valuation. Buyers in PARKE have 4 comparable options right now, with asking prices between $639,000 and $874,900. Prices in PARKE have fallen 6.8% over the last 6 months. A similar home at 8119 Tahoe Parke CIR, Austin TX 78726 carries an adjusted comparable value of $513,888, providing a strong data point. With 7 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