12005 Carmel Park LN, Austin TX 78727

The market data from 7 similar recent sales in MILWOOD points to a value of approximately $462,285. To sell within a reasonable timeframe at fair market value, the $401,000 to $411,000 range is where I'd position this. With 7 comparable homes on the market in MILWOOD, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 0.24 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in MILWOOD; a balanced market based on recent absorption. In MILWOOD, home values have risen approximately 4.9% over the past 6 months. One of the strongest data points is 12608 Andromeda CV, Austin TX 78727, adjusting to $388,940; 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