13109 Council Bluff DR, Austin TX 78727

Based on 5 closed sales in NORTHWOOD, the data points to a value around $573,066 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $491,000 to $501,000. Relative to what's currently available in NORTHWOOD, this home would be the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (325 sqft compared to the average comp) is a meaningful differentiator in this price range. With 7 similar homes currently listed in NORTHWOOD (a balanced market), competition is a factor to consider. Market data shows NORTHWOOD prices risen 9.2% over the last half year. The closest comparable sale, 12933 Pegasus ST, Austin TX 78727 at an adjusted $626,802, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in NORTHWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group