12007 CARMEL PARK LN, Austin TX 78727

After reviewing 7 recent transactions in MILWOOD, I estimate this property's value at $431,162. A competitive list price for this home right now would fall in the $521,000 to $522,000 range. This would position the home competitively among 6 active listings in MILWOOD. The smaller lot (0.00 acres versus the area average of 0.17) contributes to the valuation. 6 similar homes are currently available in MILWOOD, creating a balanced market for this price range. Prices in MILWOOD have fallen 2.3% over the last 6 months. A similar home at 12418 Turtleback LN, Austin TX 78727 carries an adjusted comparable value of $382,308, providing a strong data point. With 7 comparable sales in MILWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group