10616 Mellow Meadows DR # 49C, Austin TX 78750

The market data from 6 similar recent sales in PARK WEST CONDO points to a value of approximately $144,178. To sell within a reasonable timeframe at fair market value, the $149,000 to $150,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in PARK WEST CONDO. This home's smaller footprint (104 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in PARK WEST CONDO; a buyer's market based on recent absorption. In PARK WEST CONDO, home values have fallen approximately 13.8% over the past 6 months. One of the strongest data points is 10616 Mellow Meadows DR # 21C, Austin TX 78750, adjusting to $150,000; a strong comparable. 6 comparable transactions in PARK WEST CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group