12801 Palfrey DR, Austin TX 78727

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $459,313. Pricing this home between $394,000 and $404,000 would put it in the competitive sweet spot for NORTHWOOD. This home's position in the current NORTHWOOD market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Having a pool is a plus; 6 of the 7 comps lacked one. The smaller lot (0.16 acres versus the area average of 0.19) contributes to the valuation. With 7 similar homes currently listed in NORTHWOOD (a buyer's market), competition is a factor to consider. Market data shows NORTHWOOD prices risen 1.9% over the last half year. The closest comparable sale, 4102 Tamarack TRL, Austin TX 78727 at an adjusted $509,931, is a strong comparable. With 7 comparable sales in 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