1229 Corona DR, Austin TX 78723

My analysis of 7 comparable properties puts this home's estimated value at $415,407. Based on how the local market is moving, a list price between $484,000 and $507,000 would position this home well. This would position the home competitively among 3 active listings in DELWOOD. The larger lot (0.24 acres versus the area average of 0.19) contributes to the valuation. With 3 similar homes currently listed in DELWOOD (a balanced market), competition is a factor to consider. The 6 month price trend in DELWOOD: risen 3.8%. The best comp here is 1201 Larkwood DR, Austin TX 78723 at an adjusted value of $401,740, a strong comparable. With 7 comparable sales in DELWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group