12500 Kate LN # 334, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $337,546. For a well positioned listing in PECAN PARK CONDOMINIUMS, I'd target the $245,000 to $255,000 range. With 7 comparable homes on the market in PECAN PARK CONDOMINIUMS, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 2012 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in PECAN PARK CONDOMINIUMS; a balanced market based on recent absorption. Recent trends in 78750 show home values have fallen 6.3% since 6 months ago. The most comparable recent sale is 13604 Caldwell DR # 58, Austin TX 78750, with an adjusted value of $321,906; a strong comparable. 4 comparable transactions in PECAN PARK CONDOMINIUMS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group