10616 Mellow Meadows DR # 48D, Austin TX 78750

The market data from 7 similar recent sales in PARK WEST CONDO points to a value of approximately $178,122. To sell within a reasonable timeframe at fair market value, the $173,000 to $183,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in PARK WEST CONDO. At 0.03 acres, the lot is smaller than the 0.08 acre comp average, which factors into pricing. Current inventory shows 5 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 # 28B, Austin TX 78750, adjusting to $185,000; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group