500 W 55 1/2 ST, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $1,197,261. For a well positioned listing in NORTHFIELD ANNEX, I'd target the $1,000,000 to $1,010,000 range. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in NORTHFIELD ANNEX. The 283 sqft size difference versus comparable sales is reflected in the adjusted values. The 2014 construction puts this home 7 years older than the comp average, a factor in the pricing. 5 similar homes are currently available in NORTHFIELD ANNEX, creating a buyer's market for this price range. Recent trends in 78751 show home values have risen 5.8% since 6 months ago. The most comparable recent sale is 715 E 50th ST, Austin TX 78751, with an adjusted value of $1,363,520; a strong comparable. 7 comparable transactions in NORTHFIELD ANNEX support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group