12515 Palfrey, Austin TX 78727

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $760,197. To generate strong buyer interest while maximizing value, I'd price this between $586,000 and $596,000. Against 3 similar active listings in RESERVE NORTHWOOD, this price point lands at the most expensive of 3 comparable homes on the market. Being 498 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.19 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in RESERVE NORTHWOOD, ranging from $525,000 to $615,000. The trend in 78727 shows prices have fallen 8% in the past 6 months. 12606 Palfrey DR, Austin TX 78727 nearby adjusts to $745,952; with a smaller floor plan. 4 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