309 Nelray BLVD, Austin TX 78751

After reviewing 7 recent transactions in NORTHFIELD, I estimate this property's value at $818,777. A competitive list price for this home right now would fall in the $687,000 to $697,000 range. Buyers shopping in NORTHFIELD right now would see this as a well positioned option among 3 comparable homes. The larger floor plan (463 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.19 acres versus the area average of 0.15) contributes to the valuation. Right now, 3 similar properties are competing for buyers in NORTHFIELD, listed between $650,000 and $1,499,927. Prices in 78751 have fallen 4.1% over the last 6 months. A similar home at 113 Nelray BLVD # 1, Austin TX 78751 carries an adjusted comparable value of $1,167,730, providing a strong data point. With 7 comparable sales in NORTHFIELD, 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