3507 Palomar LN, Austin TX 78727

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $538,821. Pricing this home between $422,000 and $432,000 would put it in the competitive sweet spot for NORTHWOOD. Buyers shopping in NORTHWOOD right now would see this as a well positioned option among 4 comparable homes. This home's larger footprint (103 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 3 of the 3 comps lacked one. With 4 similar homes currently listed in NORTHWOOD (a balanced market), competition is a factor to consider. Market data shows NORTHWOOD prices risen 9.2% over the last half year. The closest comparable sale, 3403 Palomar LN, Austin TX 78727 at an adjusted $495,203, is with no pool. With 3 comparable sales in NORTHWOOD, 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