8512 SHALLOT WAY, Austin TX 78748

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $486,602. I'd recommend coming to market at $491,000 to $504,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in PARKRIDGE GARDENS, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. This home's smaller footprint (123 sqft vs the comp average) plays a role in how the market prices it. The active market in PARKRIDGE GARDENS includes 6 comparable homes priced from $409,900 to $589,000. The trend in PARKRIDGE GARDENS shows prices have risen 1.7% in the past 6 months. 9520 Sydney Marilyn LN, Austin TX 78748 nearby adjusts to $490,995; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group