1509 Lawrence ST, Austin TX 78741

My analysis of 7 comparable properties puts this home's estimated value at $345,518. Based on how the local market is moving, a list price between $290,000 and $300,000 would position this home well. This home's position in the current PARK PLACE RIVERSIDE market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (146 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in PARK PLACE RIVERSIDE; a buyer's market based on recent absorption. The 6 month price trend in 78741: fallen 6.2%. The best comp here is 3521 Colorado High Ave, Austin TX 78744 at an adjusted value of $349,465, a strong comparable. With 7 comparable sales in PARK PLACE RIVERSIDE, 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