306 W 55th ST, Austin TX 78751

The market data from 7 similar recent sales in NORTHFIELD ANNEX points to a value of approximately $1,106,975. To sell within a reasonable timeframe at fair market value, the $1,364,000 to $1,402,000 range is where I'd position this. Against 5 similar active listings in NORTHFIELD ANNEX, this price point lands at the 2nd least expensive of 5 comparable homes on the market. Being 281 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2021 construction puts this home 21 years newer than the comp average, a factor in the pricing. 5 similar homes are currently available in NORTHFIELD ANNEX, creating a buyer's market for this price range. In 78751, home values have risen approximately 2.7% over the past 6 months. One of the strongest data points is 611 Gaylor ST # 2, Austin TX 78752, adjusting to $964,085; with a smaller floor plan. 7 comparable transactions in NORTHFIELD ANNEX 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