6300 Virgo LN, Austin TX 78724

Based on 7 closed sales in PARK PLACE, the data points to a value around $310,456 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $321,000 to $323,000. Relative to what's currently available in PARK PLACE, this home would be the 2nd most expensive of 5 comparable homes on the market. This home's smaller footprint (771 sqft vs the comp average) plays a role in how the market prices it. Being built in 1983 (28 years older than comps) is factored into the value estimate. The active market in PARK PLACE includes 5 comparable homes priced from $295,000 to $395,000. Market data shows PARK PLACE prices fallen 15% over the last half year. The closest comparable sale, 5625 Pinon Vista DR, Austin TX 78724 at an adjusted $322,665, 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