2507 Inwood PL, Austin TX 78703

After reviewing 5 recent transactions in INWOOD PARK, I estimate this property's value at $1,089,200. A competitive list price for this home right now would fall in the $773,000 to $783,000 range. Relative to what's currently available in INWOOD PARK, this home would be the 2nd least expensive of 5 comparable homes on the market. This home's smaller footprint (116 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.25 acres versus the area average of 0.22) contributes to the valuation. 5 similar homes are currently available in INWOOD PARK, creating a buyer's market for this price range. Prices in 78703 have fallen 16.5% over the last 6 months. A similar home at 1905 Robinhood TRL, Austin TX 78703 carries an adjusted comparable value of $1,280,764, providing a strong data point. The comp data here (5 sales in INWOOD PARK) 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