10616 Mellow Meadows DR # 38a, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $170,344. Based on how the local market is moving, a list price between $179,000 and $185,000 would position this home well. Buyers shopping in PARK WEST CONDO right now would see this as a well positioned option among 4 comparable homes. 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. The 6 month price trend in PARK WEST CONDO: fallen 13.8%. The best comp here is 10616 Mellow Meadows DR # 29D, Austin TX 78750 at an adjusted value of $174,000, a strong comparable. 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