12505 Kate LN # 332, Austin TX 78750

Based on 3 closed sales in PECAN PARK CONDOMINIUMS, the data points to a value around $367,652 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $389,000 to $390,000. This home's position in the current PECAN PARK CONDOMINIUMS market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The 136 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.00 acres versus 0.07 for the typical comp. With 4 similar homes currently listed in PECAN PARK CONDOMINIUMS (a balanced market), competition is a factor to consider. Market data shows 78750 prices fallen 6% over the last half year. The closest comparable sale, 10905 Beaman CT, Austin TX 78750 at an adjusted $334,705, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in PECAN PARK CONDOMINIUMS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group