8944 Parker Ranch CIR # A, Austin TX 78748

The market data from 4 similar recent sales in PARKER RANCH points to a value of approximately $361,747. To sell within a reasonable timeframe at fair market value, the $401,000 to $406,000 range is where I'd position this. In the current PARKER RANCH market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The larger floor plan (140 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in PARKER RANCH, ranging from $389,990 to $599,000. In 78748, home values have fallen approximately 4.7% over the past 6 months. One of the strongest data points is 8922 Menchaca RD # 204, Austin TX 78748, adjusting to $406,161; a strong comparable. 4 comparable transactions in PARKER RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group