1503 Arcilla ST, Austin TX 78741

Based on 3 closed sales in PARK PLACE RIVERSIDE, the data points to a value around $469,923 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $345,000 to $355,000. Relative to what's currently available in PARK PLACE RIVERSIDE, this home would be the most expensive of 5 comparable homes on the market. Current inventory shows 5 comparable homes in PARK PLACE RIVERSIDE; a buyer's market based on recent absorption. Market data shows 78741 prices fallen 9.6% over the last half year. The closest comparable sale, 6800 Idea RD, Austin TX 78741 at an adjusted $514,971, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in PARK PLACE RIVERSIDE. 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