12504 Kate LN # 335, Austin TX 78750

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $367,474. I'd recommend coming to market at $389,000 to $390,000 to strike the right balance between value and market velocity. In the current PECAN PARK CONDOMINIUMS market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. At 136 sqft larger than the typical comp, the size difference factors into the valuation. The 0.00 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. With 4 similar homes currently listed in PECAN PARK CONDOMINIUMS (a balanced market), competition is a factor to consider. The trend in 78750 shows prices have fallen 2.9% in the past 6 months. 10905 Beaman CT, Austin TX 78750 nearby adjusts to $334,705; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group