6801 Aries LN, Austin TX 78724

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $350,345. Pricing this home between $218,000 and $228,000 would put it in the competitive sweet spot for PARK PLACE. This home's position in the current PARK PLACE market: the most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (1,350 sqft compared to the average comp) is a meaningful differentiator in this price range. At 38 years older than typical comps, the 1980 build date influences the valuation. Right now, 3 similar properties are competing for buyers in PARK PLACE, listed between $225,000 and $295,000. Market data shows PARK PLACE prices risen 1.4% over the last half year. The closest comparable sale, 6109 Seville DR, Austin TX 78724 at an adjusted $439,728, is with a larger floor plan. The comp data here (7 sales in PARK PLACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus