1514 Parker LN # 102, Austin TX 78741

The market data from 7 similar recent sales in PARKER SQUARE CONDO points to a value of approximately $314,136. To sell within a reasonable timeframe at fair market value, the $128,000 to $138,000 range is where I'd position this. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in PARKER SQUARE CONDO. At 193 sqft smaller than the typical comp, the size difference factors into the valuation. The 1982 construction puts this home 8 years newer than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in PARKER SQUARE CONDO; a buyer's market based on recent absorption. In 78741, home values have fallen approximately 9.6% over the past 6 months. One of the strongest data points is 1840 BURTON DR # 167, Austin TX 78741, adjusting to $143,000; 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