6303 Virgo LN, Austin TX 78724

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $316,714. I'd recommend coming to market at $212,000 to $222,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in PARK PLACE, this price positions the property as the most expensive of 4 comparable homes on the market. Being 800 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1980, this home is 34 years older than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in PARK PLACE, listed between $215,000 and $295,000. The trend in PARK PLACE shows prices have risen 1.4% in the past 6 months. 6109 Seville DR, Austin TX 78724 nearby adjusts to $425,769; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group