10616 Mellow Meadows DR # 5a, Austin TX 78750

After reviewing 6 recent transactions in PARK WEST CONDO, I estimate this property's value at $144,178. A competitive list price for this home right now would fall in the $149,000 to $150,000 range. Buyers shopping in PARK WEST CONDO right now would see this as a well positioned option among 1 comparable homes. At 104 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.09) contributes to the valuation. Current inventory shows 1 comparable homes in PARK WEST CONDO; a buyer's market based on recent absorption. Prices in PARK WEST CONDO have fallen 13.8% over the last 6 months. A similar home at 10616 Mellow Meadows DR # 21C, Austin TX 78750 carries an adjusted comparable value of $150,000, providing a strong data point. With 6 comparable sales in PARK WEST CONDO, 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