1402 S Parker LN # 6, Austin TX 78741

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $591,381. I'd recommend coming to market at $308,000 to $318,000 to strike the right balance between value and market velocity. In the current PARKER LANE CONDOMINIUMS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 0.30 acre lot (larger than the 0.19 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in PARKER LANE CONDOMINIUMS; a buyer's market based on recent absorption. The trend in 78741 shows prices have fallen 6.8% in the past 6 months. 2200 Cadiz CIR, Austin TX 78741 nearby adjusts to $458,341; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group