1216 Norwood RD, Austin TX 78722

Reviewing the most recent comparable transactions, this home's market value falls around $591,203. For a well positioned listing in DELWOOD, I'd target the $659,000 to $803,000 range. With 3 comparable homes on the market in DELWOOD, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 145 sqft larger than the typical comp, the size difference factors into the valuation. There are currently 3 similar homes on the market in DELWOOD, ranging from $550,000 to $849,000. Recent trends in DELWOOD show home values have risen 5.9% since 6 months ago. The most comparable recent sale is 1314 Cloverleaf DR, Austin TX 78723, with an adjusted value of $469,173; with a smaller floor plan. 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