2207 Galway ST, Austin TX 78758

The market data from 5 similar recent sales in PARMER LANE HEIGHTS points to a value of approximately $449,494. To sell within a reasonable timeframe at fair market value, the $318,000 to $328,000 range is where I'd position this. In the current PARMER LANE HEIGHTS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (332 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1971 construction puts this home 12 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in PARMER LANE HEIGHTS; a buyer's market based on recent absorption. In 78758, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 12336 Limerick Ave, Austin TX 78758, adjusting to $379,524; with a smaller floor plan. 5 comparable transactions in PARMER LANE HEIGHTS 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