10616 Mellow Meadows DR # 9B, Austin TX 78750

After reviewing 7 recent transactions in PARK WEST CONDO, I estimate this property's value at $170,344. A competitive list price for this home right now would fall in the $179,000 to $185,000 range. This would position the home competitively among 4 active listings in PARK WEST CONDO. The smaller lot (0.00 acres versus the area average of 0.08) contributes to the valuation. Current inventory shows 4 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 # 29D, Austin TX 78750 carries an adjusted comparable value of $174,000, providing a strong data point. With 7 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