8506 Palace PKWY, Austin TX 78748

After reviewing 7 recent transactions in BUCKINGHAM ESTATES, I estimate this property's value at $314,667. A competitive list price for this home right now would fall in the $175,000 to $185,000 range. This would position the home competitively among 5 active listings in BUCKINGHAM ESTATES. This home's smaller footprint (141 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.18 acres versus the area average of 0.15) contributes to the valuation. Buyers in BUCKINGHAM ESTATES have 5 comparable options right now, with asking prices between $174,900 and $316,900. Prices in BUCKINGHAM ESTATES have fallen 8.2% over the last 6 months. A similar home at 8501 Palace PKWY, Austin TX 78748 carries an adjusted comparable value of $309,876, providing a strong data point. With 7 comparable sales in BUCKINGHAM ESTATES, 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