6517 Moonglow DR, Austin TX 78724

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $311,177. To generate strong buyer interest while maximizing value, I'd price this between $309,000 and $316,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in PARK PLACE. At 1,115 sqft smaller than the typical comp, the size difference factors into the valuation. The 1978 construction puts this home 40 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in PARK PLACE (a balanced market), competition is a factor to consider. The trend in PARK PLACE shows prices have risen 30.8% in the past 6 months. 6109 Seville DR, Austin TX 78724 nearby adjusts to $429,335; with a larger floor plan. 7 comparable transactions in PARK PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group