12804 Modena TRL, Austin TX 78729

After reviewing 7 recent transactions in MILWOOD, I estimate this property's value at $366,700. A competitive list price for this home right now would fall in the $423,000 to $426,000 range. Relative to what's currently available in MILWOOD, this home would be the most affordable of 5 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.12) contributes to the valuation. With 5 similar homes currently listed in MILWOOD (a balanced market), competition is a factor to consider. Prices in MILWOOD have risen 5.2% over the last 6 months. A similar home at 12910 Steeple Chase DR, Austin TX 78729 carries an adjusted comparable value of $357,171, providing a strong data point. 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