8420 Chick Pea LN, Austin TX 78748

After reviewing 4 recent transactions in PARKRIDGE GARDENS, I estimate this property's value at $392,637. A competitive list price for this home right now would fall in the $429,000 to $435,000 range. Relative to what's currently available in PARKRIDGE GARDENS, this home would be the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (143 sqft vs the comp average) plays a role in how the market prices it. At 6 years older than typical comps, the 2008 build date influences the valuation. Current inventory shows 7 comparable homes in PARKRIDGE GARDENS; a balanced market based on recent absorption. Prices in 78748 have fallen 4.7% over the last 6 months. A similar home at 9728 Alex LN, Austin TX 78748 carries an adjusted comparable value of $386,077, providing a strong data point. The comp data here (4 sales in PARKRIDGE GARDENS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus