12804 Timberside DR, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $514,821. For a well positioned listing in NORTHWOOD, I'd target the $608,000 to $621,000 range. With 7 comparable homes on the market in NORTHWOOD, this price positions the property as the most affordable of 7 comparable homes on the market. At 0.35 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in NORTHWOOD; a seller's market based on recent absorption. Recent trends in NORTHWOOD show home values have fallen 2.9% since 6 months ago. The most comparable recent sale is 3801 Oak Creek DR, Austin TX 78727, with an adjusted value of $383,149; with a larger floor plan. 3 comparable transactions in 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