12907 Margit DR, Austin TX 78729

After reviewing 7 recent transactions in MILWOOD, I estimate this property's value at $416,786. A competitive list price for this home right now would fall in the $490,000 to $509,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in MILWOOD's current inventory. The smaller lot (0.07 acres versus the area average of 0.15) contributes to the valuation. Buyers in MILWOOD have 7 comparable options right now, with asking prices between $445,000 and $649,500. Prices in MILWOOD have risen 5.2% over the last 6 months. A similar home at 12912 Marimba TRL, Austin TX 78729 carries an adjusted comparable value of $411,147, 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