10200 Milky Way, Austin TX 78730

Based on 7 closed sales in RIVER PLACE, the data points to a value around $1,443,135 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $975,000 to $985,000. This home's position in the current RIVER PLACE market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (101 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.96 acres versus 0.36 for the typical comp. Current inventory shows 7 comparable homes in RIVER PLACE; a balanced market based on recent absorption. Market data shows RIVER PLACE prices risen 21.2% over the last half year. The closest comparable sale, 6326 River Place BLVD, Austin TX 78730 at an adjusted $1,429,166, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus