12611 Palfrey DR, Austin TX 78727

After reviewing 5 recent transactions in RESERVE NORTHWOOD, I estimate this property's value at $573,900. A competitive list price for this home right now would fall in the $363,000 to $373,000 range. This would position the home competitively among 7 active listings in RESERVE NORTHWOOD. At 5 years newer than typical comps, the 2006 build date influences the valuation. Current inventory shows 7 comparable homes in RESERVE NORTHWOOD; a balanced market based on recent absorption. Prices in 78727 have risen 4.7% over the last 6 months. A similar home at 13116 Wingate WAY, Austin TX 78727 carries an adjusted comparable value of $528,135, providing a strong data point. With 5 comparable sales in RESERVE NORTHWOOD, 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