2201 Galway ST, Austin TX 78758

Based on 7 closed sales in PARMER LANE HEIGHTS, the data points to a value around $758,983 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $560,000 to $570,000. This home's position in the current PARMER LANE HEIGHTS market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being 527 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1970 (12 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in PARMER LANE HEIGHTS; a balanced market based on recent absorption. Market data shows 78758 prices fallen 4.9% over the last half year. The closest comparable sale, 8516 Rockwood LN, Austin TX 78757 at an adjusted $650,310, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in PARMER LANE HEIGHTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group