1101 E Parmer LN # 202, Austin TX 78753

The estimated value of this property is $319,360, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $312,000 and $352,000. In the current BELLA TERRA CONDO market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. Built in 2006, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in BELLA TERRA CONDO; a buyer's market based on recent absorption. Recent trends in 78753 show home values have fallen 4.3% since 6 months ago. The most comparable recent sale is 1101 E Parmer LN # 305, Austin TX 78753, with an adjusted value of $260,000; a strong comparable. Based on 7 relevant data points in BELLA TERRA CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX