10616 Mellow Meadows DR # 42D, Austin TX 78750

After reviewing 7 recent transactions in PARK WEST CONDO, I estimate this property's value at $178,106. A competitive list price for this home right now would fall in the $173,000 to $183,000 range. This home's position in the current PARK WEST CONDO market: the 3rd most expensive of 5 comparable homes on the market among comparable properties. The smaller lot (0.03 acres versus the area average of 0.08) contributes to the valuation. The active market in PARK WEST CONDO includes 5 comparable homes priced from $169,000 to $235,000. Prices in PARK WEST CONDO have fallen 13.8% over the last 6 months. A similar home at 10616 Mellow MDWS # 17A, Austin TX 78750 carries an adjusted comparable value of $165,000, providing a strong data point. With 7 comparable sales in PARK WEST CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group