12510 Palfrey DR, Austin TX 78727

The market data from 3 similar recent sales in RESERVE NORTHWOOD points to a value of approximately $715,954. To sell within a reasonable timeframe at fair market value, the $572,000 to $582,000 range is where I'd position this. With 3 comparable homes on the market in RESERVE NORTHWOOD, this price positions the property as the most expensive of 3 comparable homes on the market. This home's larger footprint (379 sqft vs the comp average) plays a role in how the market prices it. 3 similar homes are currently available in RESERVE NORTHWOOD, creating a buyer's market for this price range. In 78727, home values have fallen approximately 2.3% over the past 6 months. One of the strongest data points is 12606 Palfrey DR, Austin TX 78727, adjusting to $712,352; with a smaller floor plan. 3 comparable transactions in RESERVE NORTHWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group