311 Nelray BLVD # A, Austin TX 78751

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,255,312. To generate strong buyer interest while maximizing value, I'd price this between $1,028,000 and $1,038,000. Among the similar homes currently available in NORTHFIELD, this price point stands out as competitive. The 577 sqft size difference versus comparable sales is reflected in the adjusted values. The 2004 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in NORTHFIELD; a buyer's market based on recent absorption. The trend in 78751 shows prices have fallen 13.2% in the past 6 months. 500 W 55th 1/2 ST, Austin TX 78751 nearby adjusts to $998,156; with a smaller floor plan. 7 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