305 Nelray BLVD, Austin TX 78751

The market data from 6 similar recent sales in NORTHFIELD points to a value of approximately $429,567. To sell within a reasonable timeframe at fair market value, the $450,000 to $530,000 range is where I'd position this. With 3 comparable homes on the market in NORTHFIELD, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in NORTHFIELD; a buyer's market based on recent absorption. In 78751, home values have fallen approximately 12.9% over the past 6 months. One of the strongest data points is 611 Wilmes DR, Austin TX 78752, adjusting to $386,663; a strong comparable. 6 comparable transactions in NORTHFIELD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group