2504 Inwood PL, Austin TX 78703

My analysis of 7 comparable properties puts this home's estimated value at $1,531,810. Based on how the local market is moving, a list price between $1,049,000 and $1,059,000 would position this home well. This home's position in the current INWOOD PARK market: the most expensive of 3 comparable homes on the market among comparable properties. The larger lot (0.42 acres versus the area average of 0.30) contributes to the valuation. Right now, 3 similar properties are competing for buyers in INWOOD PARK, listed between $1,100,000 and $3,200,000. The 6 month price trend in 78703: fallen 5.4%. The best comp here is 2415 Dormarion LN, Austin TX 78703 at an adjusted value of $2,015,143, a strong comparable. With 7 comparable sales in INWOOD PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group