8108 Davis Mountain PASS, Austin TX 78726

My analysis of 7 comparable properties puts this home's estimated value at $503,654. Based on how the local market is moving, a list price between $368,000 and $378,000 would position this home well. This home's position in the current PARKE market: the most expensive of 4 comparable homes on the market among comparable properties. Being 361 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 12 years older than typical comps, the 1991 build date influences the valuation. Buyers in PARKE have 4 comparable options right now, with asking prices between $349,999 and $1,499,000. The 6 month price trend in PARKE: fallen 16.5%. The best comp here is 8111 Davis Mountain PASS, Austin TX 78726 at an adjusted value of $456,241, with a larger floor plan. 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