12725 MAGNOLIA MOUND TRL, Austin TX 78727

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $348,620. Pricing this home between $277,000 and $287,000 would put it in the competitive sweet spot for MILWOOD. This pricing would rank the home as the most expensive of 3 comparable homes on the market in MILWOOD's current inventory. This home's smaller footprint (175 sqft vs the comp average) plays a role in how the market prices it. With 3 similar homes currently listed in MILWOOD (a balanced market), competition is a factor to consider. Market data shows MILWOOD prices fallen 2.1% over the last half year. The closest comparable sale, 13007 Steeple Chase DR, Austin TX 78729 at an adjusted $347,090, is with a larger floor plan. The comp data here (6 sales in MILWOOD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus