10616 Mellow Meadows DR # 13A, Austin TX 78750

After reviewing 6 recent transactions in PARK WEST CONDOS, I estimate this property's value at $156,937. A competitive list price for this home right now would fall in the $116,000 to $126,000 range. This home's position in the current PARK WEST CONDOS market: the most expensive of 2 comparable homes on the market among comparable properties. This home's smaller footprint (104 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.03 acres versus the area average of 0.09) contributes to the valuation. The active market in PARK WEST CONDOS includes 2 comparable homes priced from $120,000 to $150,000. Prices in 78750 have fallen 10.6% over the last 6 months. A similar home at 10616 Mellow Meadows DR # 2A, Austin TX 78750 carries an adjusted comparable value of $145,000, providing a strong data point. With 6 comparable sales in PARK WEST CONDOS, 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