13307 Black Canyon DR, Austin TX 78729

After reviewing 3 recent transactions in MILWOOD, I estimate this property's value at $425,610. A competitive list price for this home right now would fall in the $545,000 to $558,000 range. Buyers shopping in MILWOOD right now would see this as a well positioned option among 7 comparable homes. At 191 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.10 acres versus the area average of 0.13) contributes to the valuation. Right now, 7 similar properties are competing for buyers in MILWOOD, listed between $494,000 and $699,000. Prices in MILWOOD have fallen 3.2% over the last 6 months. A similar home at 7408 Peabody DR, Austin TX 78729 carries an adjusted comparable value of $380,407, providing a strong data point. The comp data here (3 sales in MILWOOD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus