The estimated value of this property is $544,936, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $613,000 and $622,000. In the current MILWOOD market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 120 sqft larger than the typical comp, the size difference factors into the valuation. Right now, 7 similar properties are competing for buyers in MILWOOD, listed between $509,990 and $660,000. Recent trends in MILWOOD show home values have risen 3.3% since 6 months ago. The most comparable recent sale is 13265 Kerrville Folkway DR, Austin TX 78729, with an adjusted value of $519,804; a strong comparable. 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