8102 Castle Peake TRL, Austin TX 78726

The estimated value of this property is $597,669, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $676,000 and $682,000. With 3 comparable homes on the market in PARKE, this price positions the property as the most affordable of 3 comparable homes on the market. At 321 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1990, this home is 6 years older than the average comp, which is reflected in the adjustments. There are currently 3 similar homes on the market in PARKE, ranging from $639,000 to $874,900. Recent trends in PARKE show home values have fallen 10.1% since 6 months ago. The most comparable recent sale is 8111 Davis Mountain PASS, Austin TX 78726, with an adjusted value of $531,290; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group