12902 Pegasus ST, Austin TX 78727

After reviewing 7 recent transactions in NORTHWOOD, I estimate this property's value at $415,931. A competitive list price for this home right now would fall in the $472,000 to $473,000 range. Relative to what's currently available in NORTHWOOD, this home would be the 4th most expensive of 7 comparable homes on the market. At 105 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.16 acres versus the area average of 0.19) contributes to the valuation. 7 similar homes are currently available in NORTHWOOD, creating a buyer's market for this price range. Prices in NORTHWOOD have risen 1.9% over the last 6 months. A similar home at 3603 Palomar LN, Austin TX 78727 carries an adjusted comparable value of $324,805, providing a strong data point. The comp data here (7 sales in NORTHWOOD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus