12704 Margit DR, Austin TX 78729

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $384,928. I'd recommend coming to market at $422,000 to $429,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in MILWOOD, this price positions the property as the most affordable of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in MILWOOD; a balanced market based on recent absorption. The trend in MILWOOD shows prices have risen 1.1% in the past 6 months. 8001 RIMINI TRL, Austin TX 78729 nearby adjusts to $391,466; 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