4502 Oak CRK, Austin TX 78727

The market data from 7 similar recent sales in NORTHWOOD points to a value of approximately $514,440. To sell within a reasonable timeframe at fair market value, the $585,000 to $587,000 range is where I'd position this. Against 7 similar active listings in NORTHWOOD, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in NORTHWOOD; a buyer's market based on recent absorption. In NORTHWOOD, home values have risen approximately 10.1% over the past 6 months. One of the strongest data points is 4306 Oak Creek DR, Austin TX 78727, adjusting to $489,296; 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