10616 Mellow Meadows DR # 17B, Austin TX 78750

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $164,837. I'd recommend coming to market at $175,000 to $179,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in PARK WEST CONDO, this price positions the property as the most affordable of 5 comparable homes on the market. The 0.00 acre lot (smaller than the 0.12 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in PARK WEST CONDO; a buyer's market based on recent absorption. The trend in PARK WEST CONDO shows prices have fallen 13.8% in the past 6 months. 10616 Mellow MDWS # 26C, Austin TX 78750 nearby adjusts to $150,000; 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