12808 Margit DR, Austin TX 78729

The estimated value of this property is $312,152, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $303,000 and $322,000. In the current MILWOOD market with 1 similar homes available, this price represents below the only comparable home currently on the market. Being 102 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.00 acre lot (smaller than the 0.12 acre average) is reflected in the estimate. With 1 similar homes currently listed in MILWOOD (a balanced market), competition is a factor to consider. Recent trends in MILWOOD show home values have risen 5.2% since 6 months ago. The most comparable recent sale is 5912 Richard Carlton BLVD, Austin TX 78727, with an adjusted value of $277,427; 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