1500 Larkwood DR, Austin TX 78723

Based on 7 closed sales in DELWOOD SEC, the data points to a value around $535,554 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $296,000 to $306,000. Relative to what's currently available in DELWOOD SEC, this home would be the 2nd most expensive of 7 comparable homes on the market. Lot size matters here: 0.21 acres versus 0.18 for the typical comp. 7 similar homes are currently available in DELWOOD SEC, creating a balanced market for this price range. Market data shows DELWOOD SEC prices fallen 50% over the last half year. The closest comparable sale, 1611 Cloverleaf DR, Austin TX 78723 at an adjusted $588,748, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in DELWOOD SEC. 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