13313 Humphrey DR, Austin TX 78729

The market data from 7 similar recent sales in MILWOOD points to a value of approximately $466,317. To sell within a reasonable timeframe at fair market value, the $457,000 to $476,000 range is where I'd position this. Against 7 similar active listings in MILWOOD, this price point lands at the most expensive of 7 comparable homes on the market. This home's smaller footprint (114 sqft vs the comp average) plays a role in how the market prices it. At 0.20 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in MILWOOD, listed between $369,000 and $435,000. In MILWOOD, home values have fallen approximately 2.3% over the past 6 months. One of the strongest data points is 8004 Osborne DR, Austin TX 78729, adjusting to $557,482; with a larger floor plan. 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