12912 Covington TRL, Austin TX 78727

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $393,623. To generate strong buyer interest while maximizing value, I'd price this between $400,000 and $429,000. With 6 comparable homes on the market in MILWOOD, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. At 0.23 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. With 6 similar homes currently listed in MILWOOD (a balanced market), competition is a factor to consider. The trend in MILWOOD shows prices have risen 5.9% in the past 6 months. 12904 Garfield LN, Austin TX 78727 nearby adjusts to $446,698; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group