12937 Covington TRL, Austin TX 78727

Based on 6 closed sales in MILWOOD, the data points to a value around $420,591 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $337,000 to $347,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in MILWOOD's current inventory. Lot size matters here: 0.26 acres versus 0.20 for the typical comp. 3 similar homes are currently available in MILWOOD, creating a balanced market for this price range. Market data shows MILWOOD prices risen 5.2% over the last half year. The closest comparable sale, 12020 Carmel Park LN, Austin TX 78727 at an adjusted $499,126, is a strong comparable. The strength of this estimate comes from 6 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