1402 Parker LN # 11, Austin TX 78741

After reviewing 7 recent transactions in PARKER LANE CONDO, I estimate this property's value at $698,420. A competitive list price for this home right now would fall in the $394,000 to $404,000 range. Buyers shopping in PARKER LANE CONDO right now would see this as a well positioned option among 7 comparable homes. Being 219 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.07 acres versus the area average of 0.12) contributes to the valuation. Right now, 7 similar properties are competing for buyers in PARKER LANE CONDO, listed between $400,000 and $899,000. Prices in 78741 have fallen 3.5% over the last 6 months. A similar home at 1402 Parker LN, Austin TX 78741 carries an adjusted comparable value of $390,809, providing a strong data point. The comp data here (7 sales in PARKER LANE CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus