405 Nelray BLVD, Austin TX 78751

The market data from 7 similar recent sales in NORTHFIELD points to a value of approximately $600,671. To sell within a reasonable timeframe at fair market value, the $512,000 to $522,000 range is where I'd position this. With 7 comparable homes on the market in NORTHFIELD, this price positions the property as the most expensive of 7 comparable homes on the market. At 0.20 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in NORTHFIELD, ranging from $499,999 to $749,000. In 78751, home values have risen approximately 5.8% over the past 6 months. One of the strongest data points is 113 Nelray BLVD # 2, Austin TX 78751, adjusting to $718,139; 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