12506 Monaghan TRL, Austin TX 78727

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $500,715. I'd recommend coming to market at $374,000 to $384,000 to strike the right balance between value and market velocity. Against 4 similar active listings in MILWOOD, this price point lands at the 2nd least expensive of 4 comparable homes on the market. The 0.27 acre lot (larger than the 0.19 acre average) is reflected in the estimate. Buyers in MILWOOD have 4 comparable options right now, with asking prices between $350,000 and $625,000. The trend in MILWOOD shows prices have risen 5.2% in the past 6 months. 4901 Transit CIR, Austin TX 78727 nearby adjusts to $539,759; a strong comparable. Based on 3 relevant data points in MILWOOD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX