1402 Parker LN # 12, Austin TX 78741

My analysis of 3 comparable properties puts this home's estimated value at $867,418. Based on how the local market is moving, a list price between $403,000 and $413,000 would position this home well. Relative to what's currently available in PARKER LANE CONDOS, this home would be the most expensive of 7 comparable homes on the market. The larger lot (0.29 acres versus the area average of 0.16) contributes to the valuation. Right now, 7 similar properties are competing for buyers in PARKER LANE CONDOS, listed between $400,000 and $899,000. The 6 month price trend in 78741: fallen 3.9%. The best comp here is 1621 Garden ST # A, Austin TX 78702 at an adjusted value of $1,235,605, with a larger floor plan. With 3 comparable sales in PARKER LANE CONDOS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group