6201 River Place BLVD # 3, Austin TX 78730

Based on 7 closed sales in RIVER PLACE, the data points to a value around $643,662 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $260,000 to $270,000. This would position the home competitively among 5 active listings in RIVER PLACE. Being 1,155 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2005 (7 years newer than comps) is factored into the value estimate. With 5 similar homes currently listed in RIVER PLACE (a buyer's market), competition is a factor to consider. Market data shows RIVER PLACE prices fallen 5.4% over the last half year. The closest comparable sale, 4909 China Garden DR, Austin TX 78730 at an adjusted $687,650, is with a larger 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