8602 Parkfield DR, Austin TX 78758

My analysis of 3 comparable properties puts this home's estimated value at $304,832. Based on how the local market is moving, a list price between $416,000 and $440,000 would position this home well. This home's position in the current WOOTEN market: the most affordable of 7 comparable homes on the market among comparable properties. The larger lot (0.29 acres versus the area average of 0.25) contributes to the valuation. With 7 similar homes currently listed in WOOTEN (a buyer's market), competition is a factor to consider. The 6 month price trend in 78758: fallen 4.6%. The best comp here is 1305 Larkspur RD, Austin TX 78758 at an adjusted value of $255,726, a strong comparable. With 3 comparable sales in WOOTEN, 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