1200 Norwood RD # B, Austin TX 78722

The market data from 7 similar recent sales in EMERALD OAKS points to a value of approximately $627,473. To sell within a reasonable timeframe at fair market value, the $329,000 to $339,000 range is where I'd position this. Among the similar homes currently available in EMERALD OAKS, this price point stands out as competitive. The 2018 construction puts this home 55 years newer than the comp average, a factor in the pricing. At 0.28 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. 7 similar homes are currently available in EMERALD OAKS, creating a buyer's market for this price range. In 78722, home values have fallen approximately 14% over the past 6 months. One of the strongest data points is 2133 Emma Long ST, Austin TX 78723, adjusting to $690,965; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group