8326 PALACE PKWY, Austin TX 78748

The market data from 7 similar recent sales in PARKWOOD points to a value of approximately $397,295. To sell within a reasonable timeframe at fair market value, the $427,000 to $449,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in PARKWOOD. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Buyers in PARKWOOD have 3 comparable options right now, with asking prices between $379,999 and $489,900. In PARKWOOD, home values have fallen approximately 13.4% over the past 6 months. One of the strongest data points is 8117 Almondsbury LN, Austin TX 78748, adjusting to $364,865; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group