6903 Aries LN, Austin TX 78724

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $264,021. Pricing this home between $286,000 and $308,000 would put it in the competitive sweet spot for PARK PLACE. This pricing would rank the home as the most affordable of 3 comparable homes on the market in PARK PLACE's current inventory. This home's smaller footprint (300 sqft vs the comp average) plays a role in how the market prices it. At 19 years older than typical comps, the 1980 build date influences the valuation. 3 similar homes are currently available in PARK PLACE, creating a balanced market for this price range. Market data shows PARK PLACE prices risen 30.8% over the last half year. The closest comparable sale, 7009 Marejada DR, Austin TX 78724 at an adjusted $281,731, is a strong comparable. 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