3604 Palomar LN, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $513,651. For a well positioned listing in NORTHWOOD, I'd target the $579,000 to $581,000 range. With 7 comparable homes on the market in NORTHWOOD, this price positions the property as the most affordable of 7 comparable homes on the market. The larger floor plan (116 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in NORTHWOOD; a buyer's market based on recent absorption. Recent trends in NORTHWOOD show home values have risen 1.9% since 6 months ago. The most comparable recent sale is 4505 Oak Creek DR, Austin TX 78727, with an adjusted value of $569,027; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group