8429 SHALLOT WAY, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $337,941. To generate strong buyer interest while maximizing value, I'd price this between $233,000 and $243,000. With 3 comparable homes on the market in PARKRIDGE GARDENS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 127 sqft smaller than the typical comp, the size difference factors into the valuation. The 2008 construction puts this home 9 years newer than the comp average, a factor in the pricing. 3 similar homes are currently available in PARKRIDGE GARDENS, creating for this price range. The trend in PARKRIDGE GARDENS shows prices have risen 1.7% in the past 6 months. 8521 Chick Pea LN, Austin TX 78748 nearby adjusts to $315,410; with a larger floor plan. 5 comparable transactions in PARKRIDGE GARDENS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group