1402 Parker LN # 2, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $697,207. To generate strong buyer interest while maximizing value, I'd price this between $520,000 and $530,000. With 7 comparable homes on the market in PARKER LANE CONDO, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Being 181 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2009 construction puts this home 9 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in PARKER LANE CONDO, ranging from $479,000 to $880,000. The trend in 78741 shows prices have fallen 9.6% in the past 6 months. 1402 Parker LN, Austin TX 78741 nearby adjusts to $399,637; a strong comparable. The 7 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