12900 Margit DR, Austin TX 78729

3 recent sales within a mile of this address suggest a current value of $281,100. My recommended list price range for this property would be $234,000 to $244,000. Against 7 similar active listings in MILWOOD8, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 155 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1986, this home is 13 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in MILWOOD8, listed between $239,900 and $439,900. In 78729, home values have risen approximately 2.9% over the past 6 months. One of the strongest data points is 12401 Los Indios TRL # 9, Austin TX 78729, adjusting to $228,251; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group