12716 Margit DR, Austin TX 78729

Based on 3 closed sales in MILWOOD, the data points to a value around $432,989 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $430,000 to $441,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in MILWOOD's current inventory. At 122 sqft larger than the typical comp, the size difference factors into the valuation. With 4 similar homes currently listed in MILWOOD (a balanced market), competition is a factor to consider. Market data shows MILWOOD prices risen 3.8% over the last half year. The closest comparable sale, 12912 Marimba TRL, Austin TX 78729 at an adjusted $420,302, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in MILWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group