8106 Davis Mountain PASS, Austin TX 78726

My analysis of 4 comparable properties puts this home's estimated value at $673,465. Based on how the local market is moving, a list price between $680,000 and $845,000 would position this home well. This pricing would rank the home as the most expensive of 3 comparable homes on the market in PARKE's current inventory. This home's smaller footprint (135 sqft vs the comp average) plays a role in how the market prices it. At 8 years older than typical comps, the 1991 build date influences the valuation. The active market in PARKE includes 3 comparable homes priced from $639,000 to $874,900. The 6 month price trend in PARKE: fallen 10.1%. The best comp here is 11613 Sweet Basil CT, Austin TX 78726 at an adjusted value of $680,466, a strong comparable. With 4 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