1307 Norwood RD, Austin TX 78722

The market data from 7 similar recent sales in DELWOOD points to a value of approximately $534,383. To sell within a reasonable timeframe at fair market value, the $716,000 to $724,000 range is where I'd position this. With 7 comparable homes on the market in DELWOOD, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 2006 construction puts this home 44 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in DELWOOD, creating a balanced market for this price range. In DELWOOD, home values have risen approximately 6.4% over the past 6 months. One of the strongest data points is 1400 Corona DR, Austin TX 78723, adjusting to $392,650; a strong comparable. 7 comparable transactions in DELWOOD 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