3610 Lovage DR, Austin TX 78727

After reviewing 7 recent transactions in NORTHWOOD, I estimate this property's value at $540,025. A competitive list price for this home right now would fall in the $352,000 to $362,000 range. This home's position in the current NORTHWOOD market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (134 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.26 acres versus the area average of 0.22) contributes to the valuation. There are currently 7 similar homes on the market in NORTHWOOD, ranging from $350,000 to $560,000. Prices in NORTHWOOD have risen 1.9% over the last 6 months. A similar home at 4303 Tamarack TRL, Austin TX 78727 carries an adjusted comparable value of $380,705, providing a strong data point. With 7 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