305 Nelray BLVD, Austin TX 78751

The market data from 5 similar recent sales in NORTHFIELD points to a value of approximately $424,736. To sell within a reasonable timeframe at fair market value, the $500,000 to $506,000 range is where I'd position this. With 5 comparable homes on the market in NORTHFIELD, this price positions the property as the most affordable of 5 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in NORTHFIELD; a buyer's market based on recent absorption. In 78751, home values have fallen approximately 13.2% over the past 6 months. One of the strongest data points is 611 Wilmes DR, Austin TX 78752, adjusting to $386,331; a strong comparable. 5 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