8921 Parker Ranch CIR # A, Austin TX 78748

The estimated value of this property is $306,369, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $318,000 and $323,000. In the current PARKER RANCH CONDO market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. This home's smaller footprint (168 sqft vs the comp average) plays a role in how the market prices it. Built in 2017, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 6 similar homes currently listed in PARKER RANCH CONDO (a balanced market), competition is a factor to consider. Recent trends in 78748 show home values have fallen 4.2% since 6 months ago. The most comparable recent sale is 3101 Davis LN # 6503, Austin TX 78748, with an adjusted value of $285,168; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group