1101 E Parmer LN # 120, Austin TX 78753

The market data from 5 similar recent sales in BELLA TERRA CONDO points to a value of approximately $278,064. To sell within a reasonable timeframe at fair market value, the $233,000 to $243,000 range is where I'd position this. Against 7 similar active listings in BELLA TERRA CONDO, this price point lands at the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (129 sqft vs the comp average) plays a role in how the market prices it. The 2006 construction puts this home 5 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in BELLA TERRA CONDO, listed between $215,000 and $400,000. In 78753, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 1101 E Parmer LN # 329, Austin TX 78753, adjusting to $249,958; a strong comparable. The 5 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