1402 Parker LN # 8, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $60,591. To generate strong buyer interest while maximizing value, I'd price this between $59,000 and $62,000. Against 4 similar active listings in PAYNE LLOYD, this price point lands at the most affordable of 4 comparable homes on the market. The 2006 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in PAYNE LLOYD; a buyer's market based on recent absorption. The trend in 78741 shows prices have fallen 8.2% in the past 6 months. 2009 Sager DR # 270C, Austin TX 78741 nearby adjusts to $316,659; a strong comparable. 4 comparable transactions in PAYNE LLOYD 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