7001 Aries LN, Austin TX 78724

The comparable sales data (7 recent transactions in PARK PLACE) supports an estimated value of $262,294. The data suggests a list price between $299,000 and $304,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in PARK PLACE, this home would be the 3rd least expensive of 7 comparable homes on the market. Being built in 1983 (12 years older than comps) is factored into the value estimate. Lot size matters here: 0.25 acres versus 0.19 for the typical comp. The active market in PARK PLACE includes 7 comparable homes priced from $259,000 to $384,990. Prices in PARK PLACE have risen 10% over the last 6 months. A similar home at 5800 Pinon Vista DR, Austin TX 78724 carries an adjusted comparable value of $304,752, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in PARK PLACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group