10616 Mellow Meadows DR # 8A, Austin TX 78750

The estimated value of this property is $178,417, 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. In the current PARK WEST CONDOS market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. The 0.03 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in PARK WEST CONDOS; a balanced market based on recent absorption. Recent trends in 78750 show home values have fallen 0.5% since 6 months ago. The most comparable recent sale is 10616 Mellow Meadows # 28B, Austin TX 78750, with an adjusted value of $185,000; 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