8532 INCA DOVE DR, Austin TX 78729

After reviewing 5 recent transactions in PARMER, I estimate this property's value at $347,340. A competitive list price for this home right now would fall in the $297,000 to $307,000 range. Relative to what's currently available in PARMER, this home would be the 2nd least expensive of 5 comparable homes on the market. This home's smaller footprint (133 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.08 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 5 comparable homes in PARMER; a buyer's market based on recent absorption. Prices in PARMER have fallen 17.9% over the last 6 months. A similar home at 8708 Wood Stork DR, Austin TX 78729 carries an adjusted comparable value of $383,420, providing a strong data point. With 5 comparable sales in PARMER, 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