6503 Virgo LN, Austin TX 78724

My analysis of 3 comparable properties puts this home's estimated value at $235,704. Based on how the local market is moving, a list price between $249,000 and $280,000 would position this home well. This would position the home competitively among 4 active listings in PARK PLACE. This home's smaller footprint (583 sqft vs the comp average) plays a role in how the market prices it. At 31 years older than typical comps, the 1978 build date influences the valuation. Buyers in PARK PLACE have 4 comparable options right now, with asking prices between $225,000 and $298,000. The 6 month price trend in PARK PLACE: risen 1.4%. The best comp here is 5740 Alsace TRL, Austin TX 78724 at an adjusted value of $238,849, a strong comparable. With 3 comparable sales in PARK PLACE, 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