1802 Palmwood CV, Austin TX 78757

Reviewing the most recent comparable transactions, this home's market value falls around $772,739. For a well positioned listing in 78757, I'd target the $657,000 to $667,000 range. With 6 comparable homes on the market in 78757, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. This home's larger footprint (148 sqft vs the comp average) plays a role in how the market prices it. At 0.39 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in 78757; a buyer's market based on recent absorption. Recent trends in 78757 show home values have risen 6.9% since 6 months ago. The most comparable recent sale is 8201 Shadowood DR, Austin TX 78757, with an adjusted value of $799,716; 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