2001 Parker LN # 136, Austin TX 78741

After reviewing 7 recent transactions in 78741, I estimate this property's value at $215,577. A competitive list price for this home right now would fall in the $274,000 to $300,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in 78741's current inventory. This home's larger footprint (344 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.12 acres versus the area average of 0.05) contributes to the valuation. 7 similar homes are currently available in 78741, creating a buyer's market for this price range. Prices in 78741 have fallen 1.1% over the last 6 months. A similar home at 2500 Burleson RD # 710, Austin TX 78741 carries an adjusted comparable value of $181,152, providing a strong data point. With 7 comparable sales in 78741, 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