12918 Pegasus ST, Austin TX 78727

The estimated value of this property is $588,123, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $428,000 and $438,000. With 7 comparable homes on the market in NORTHWOOD, this price positions the property as the most expensive of 7 comparable homes on the market. Being 154 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.31 acre lot (larger than the 0.23 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in NORTHWOOD, listed between $419,000 and $635,000. Recent trends in NORTHWOOD show home values have risen 8.7% since 6 months ago. The most comparable recent sale is 4203 Oak Creek DR, Austin TX 78727, with an adjusted value of $613,492; with a larger floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group