1615 Northumberland RD, Austin TX 78703

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $2,326,041. Pricing this home between $1,486,000 and $1,496,000 would put it in the competitive sweet spot for 78703. This home's position in the current 78703 market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 138 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.40 acres versus the area average of 0.27) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78703, listed between $1,375,000 and $3,250,000. Market data shows 78703 prices fallen 9.6% over the last half year. The closest comparable sale, 1307 Elton LN, Austin TX 78703 at an adjusted $2,308,763, is with a pool. The comp data here (5 sales in 78703) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus