1520 Parker LN # A, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $913,023. For a well positioned listing in PAYNE LLOYD, I'd target the $525,000 to $535,000 range. In the current PAYNE LLOYD market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The larger floor plan (106 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.24 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in PAYNE LLOYD, ranging from $525,000 to $525,000. Recent trends in 78741 show home values have fallen 8.2% since 6 months ago. The most comparable recent sale is 1411 E 2nd ST # B2, Austin TX 78702, with an adjusted value of $708,739; with a smaller floor plan. 3 comparable transactions in PAYNE LLOYD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group