10616 Mellow Meadows DR # 19B, Austin TX 78750

After reviewing 3 recent transactions in PARK WEST CONDO, I estimate this property's value at $177,701. A competitive list price for this home right now would fall in the $172,000 to $183,000 range. This home's position in the current PARK WEST CONDO market: the 3rd most expensive of 5 comparable homes on the market among comparable properties. The smaller lot (0.05 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 5 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 3 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