12912 Steeple Chase DR, Austin TX 78729

Based on 7 closed sales in MILWOOD, the data points to a value around $373,938 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $432,000 to $462,000. Relative to what's currently available in MILWOOD, this home would be the most affordable of 4 comparable homes on the market. Lot size matters here: 0.00 acres versus 0.14 for the typical comp. Current inventory shows 4 comparable homes in MILWOOD; a balanced market based on recent absorption. Market data shows MILWOOD prices risen 4.9% over the last half year. The closest comparable sale, 12924 Modena TRL, Austin TX 78729 at an adjusted $345,386, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MILWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group