8809 White Ibis DR, Austin TX 78729

My analysis of 7 comparable properties puts this home's estimated value at $381,809. Based on how the local market is moving, a list price between $421,000 and $423,000 would position this home well. Relative to what's currently available in PARMER, this home would be the 3rd most expensive of 5 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. With 5 similar homes currently listed in PARMER (a buyer's market), competition is a factor to consider. The 6 month price trend in PARMER: fallen 16%. The best comp here is 13400 Briarwick DR # 901, Austin TX 78729 at an adjusted value of $358,215, a strong comparable. With 7 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