12121 Arrowwood DR, Austin TX 78727

The estimated value of this property is $463,578, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $491,000 and $498,000. Against 7 similar active listings in ARROWWOOD, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Built in 1989, this home is 6 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in ARROWWOOD (a balanced market), competition is a factor to consider. Recent trends in 78727 show home values have risen 2.6% since 6 months ago. The most comparable recent sale is 4812 Pelham DR, Austin TX 78727, with an adjusted value of $491,259; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group