12913 Humphrey DR, Austin TX 78729

The market data from 7 similar recent sales in MILWOOD points to a value of approximately $331,208. To sell within a reasonable timeframe at fair market value, the $384,000 to $392,000 range is where I'd position this. With 7 comparable homes on the market in MILWOOD, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. With 7 similar homes currently listed in MILWOOD (a balanced market), competition is a factor to consider. In MILWOOD, home values have fallen approximately 2.3% over the past 6 months. One of the strongest data points is 7705 Grovedale TRL, Austin TX 78729, adjusting to $336,895; 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