3902 Hawkshead DR, Austin TX 78727

The market data from 3 similar recent sales in MILWOOD points to a value of approximately $693,459. To sell within a reasonable timeframe at fair market value, the $407,000 to $417,000 range is where I'd position this. With 5 comparable homes on the market in MILWOOD, this price positions the property as the most expensive of 5 comparable homes on the market. This home's larger footprint (274 sqft vs the comp average) plays a role in how the market prices it. At 0.28 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in MILWOOD; a balanced market based on recent absorption. In MILWOOD, home values have risen approximately 2.7% over the past 6 months. One of the strongest data points is 4700 Ganymede DR, Austin TX 78727, adjusting to $825,923; a strong comparable. 3 comparable transactions in MILWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group