12608 Terra Nova LN, Austin TX 78727

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $613,958. Pricing this home between $602,000 and $626,000 would put it in the competitive sweet spot for MILWOOD. This would position the home competitively among 5 active listings in MILWOOD. The larger floor plan (121 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.25 acres versus the area average of 0.22) contributes to the valuation. The active market in MILWOOD includes 5 comparable homes priced from $550,000 to $595,000. Market data shows MILWOOD prices fallen 2.1% over the last half year. The closest comparable sale, 12302 Cabana LN, Austin TX 78727 at an adjusted $675,658, is with a smaller floor plan. 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