8732 White Ibis DR, Austin TX 78729

After reviewing 6 recent transactions in PARMER, I estimate this property's value at $359,641. A competitive list price for this home right now would fall in the $282,000 to $292,000 range. Relative to what's currently available in PARMER, this home would be the 2nd most expensive of 5 comparable homes on the market. At 105 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.09 acres versus the area average of 0.14) contributes to the valuation. The active market in PARMER includes 5 comparable homes priced from $288,800 to $499,900. Prices in PARMER have fallen 6.5% over the last 6 months. A similar home at 8528 Inca Dove DR # 354, Austin TX 78729 carries an adjusted comparable value of $388,072, providing a strong data point. With 6 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