4007 Palomar LN, Austin TX 78727

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $539,279. I'd recommend coming to market at $578,000 to $586,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in NORTHWOOD, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (109 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in NORTHWOOD includes 7 comparable homes priced from $495,000 to $675,000. The trend in NORTHWOOD shows prices have risen 8.8% in the past 6 months. 4505 Oak Creek DR, Austin TX 78727 nearby adjusts to $576,612; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group