12507 Monaghan TRL, Austin TX 78727

The estimated value of this property is $698,304, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $473,000 and $483,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in MILWOOD. This home's larger footprint (116 sqft vs the comp average) plays a role in how the market prices it. The 2.78 acre lot (larger than the 0.21 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in MILWOOD; a balanced market based on recent absorption. Recent trends in MILWOOD show home values have risen 5.2% since 6 months ago. The most comparable recent sale is 13102 Amarillo Ave, Austin TX 78729, with an adjusted value of $663,156; a strong comparable. Based on 7 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