The estimated value of this property is $345,640, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $343,000 and $389,000. Among the similar homes currently available in PARK PLACE, this price point stands out as competitive. Being 224 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.29 acre lot (larger than the 0.22 acre average) is reflected in the estimate. Buyers in PARK PLACE have 3 comparable options right now, with asking prices between $335,000 and $399,900. Recent trends in PARK PLACE show home values have fallen 7.5% since 6 months ago. The most comparable recent sale is 408 N Mount Rushmore DR, Cedar Park TX 78613, with an adjusted value of $329,644; a strong comparable. Based on 4 relevant data points in PARK PLACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX