12502 Terra Nova LN, Austin TX 78727

Based on 7 closed sales in MILWOOD, the data points to a value around $413,779 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $460,000 to $466,000. Relative to what's currently available in MILWOOD, this home would be the 2nd least expensive of 5 comparable homes on the market. Lot size matters here: 0.00 acres versus 0.18 for the typical comp. Current inventory shows 5 comparable homes in MILWOOD; a balanced market based on recent absorption. Market data shows MILWOOD prices fallen 3.7% over the last half year. The closest comparable sale, 4614 Ganymede DR, Austin TX 78727 at an adjusted $401,236, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus