1405 Northwood RD, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $1,197,841. For a well positioned listing in 78703, I'd target the $1,271,000 to $1,321,000 range. With 3 comparable homes on the market in 78703, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 142 sqft size difference versus comparable sales is reflected in the adjusted values. 3 similar homes are currently available in 78703, creating a buyer's market for this price range. Recent trends in 78703 show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 1510 Hartford RD, Austin TX 78703, with an adjusted value of $1,149,338; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group