3405 Palomar LN, Austin TX 78727

The estimated value of this property is $411,546, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $465,000 and $474,000. Against 7 similar active listings in NORTHWOOD, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 0.15 acre lot (smaller than the 0.20 acre average) is reflected in the estimate. With 7 similar homes currently listed in NORTHWOOD (a buyer's market), competition is a factor to consider. Recent trends in NORTHWOOD show home values have risen 6.7% since 6 months ago. The most comparable recent sale is 3603 Palomar LN, Austin TX 78727, with an adjusted value of $327,818; a strong comparable. Based on 7 relevant data points in NORTHWOOD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX