7 recent sales within a mile of this address suggest a current value of $434,113. My recommended list price range for this property would be $452,000 to $456,000. Against 7 similar active listings in MILWOOD, this price point lands at the 4th most expensive of 7 comparable homes on the market. Built in 1993, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. With 7 similar homes currently listed in MILWOOD (a balanced market), competition is a factor to consider. In MILWOOD, home values have risen approximately 5.2% over the past 6 months. One of the strongest data points is 12912 Marimba TRL, Austin TX 78729, adjusting to $399,352; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group