12502 Palfrey DR, Austin TX 78727

The market data from 5 similar recent sales in RESERVE NORTHWOOD points to a value of approximately $721,884. To sell within a reasonable timeframe at fair market value, the $455,000 to $465,000 range is where I'd position this. Against 5 similar active listings in RESERVE NORTHWOOD, this price point lands at the most expensive of 5 comparable homes on the market. The larger floor plan (217 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.22 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Buyers in RESERVE NORTHWOOD have 5 comparable options right now, with asking prices between $400,000 and $719,512. In 78727, home values have risen approximately 2.1% over the past 6 months. One of the strongest data points is 12606 Palfrey DR, Austin TX 78727, adjusting to $707,222; with a smaller floor plan. The 5 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