The estimated value of this property is $178,408, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $173,000 and $184,000. Among the similar homes currently available in PARK WEST CONDO, this price point stands out as competitive. The 0.03 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. Right now, 5 similar properties are competing for buyers in PARK WEST CONDO, listed between $169,000 and $235,000. Recent trends in PARK WEST CONDO show home values have fallen 13.8% since 6 months ago. The most comparable recent sale is 10616 Mellow MDWS # 17A, Austin TX 78750, with an adjusted value of $165,000; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group