8901 Parker Ranch CIR # B, Austin TX 78748

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $396,038. Pricing this home between $567,000 and $588,000 would put it in the competitive sweet spot for PARKER RANCH. This would position the home competitively among 7 active listings in PARKER RANCH. Being 286 sqft larger than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.00 acres versus the area average of 0.17) contributes to the valuation. With 7 similar homes currently listed in PARKER RANCH (a buyer's market), competition is a factor to consider. Market data shows 78748 prices fallen 4% over the last half year. The closest comparable sale, 8922 Menchaca RD # 204, Austin TX 78748 at an adjusted $428,618, is with a smaller floor plan. With 3 comparable sales in PARKER RANCH, 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