3802 Palomar LN, Austin TX 78727

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $578,332. Pricing this home between $455,000 and $465,000 would put it in the competitive sweet spot for NORTHWOOD. Relative to what's currently available in NORTHWOOD, this home would be the 3rd most expensive of 7 comparable homes on the market. Being 101 sqft larger than the average comparable sale in this area impacts the per square foot value. With 7 similar homes currently listed in NORTHWOOD (a balanced market), competition is a factor to consider. Market data shows NORTHWOOD prices risen 8.8% over the last half year. The closest comparable sale, 12933 Pegasus ST, Austin TX 78727 at an adjusted $593,208, is a strong comparable. The comp data here (7 sales in NORTHWOOD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus