8520 Wood Stork DR, Austin TX 78729

The market data from 7 similar recent sales in PARMER points to a value of approximately $427,914. To sell within a reasonable timeframe at fair market value, the $415,000 to $441,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in PARMER. This home's larger footprint (110 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in PARMER; a buyer's market based on recent absorption. In PARMER, home values have fallen approximately 16% over the past 6 months. One of the strongest data points is 13400 Briarwick DR # 901, Austin TX 78729, adjusting to $389,835; with a smaller floor plan. 7 comparable transactions in PARMER 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