4303 Cavern Springs RD, Austin TX 78727

Based on 7 closed sales in MILWOOD, the data points to a value around $591,087 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $652,000 to $659,000. Relative to what's currently available in MILWOOD, this home would be the most affordable of 5 comparable homes on the market. A pool adds market appeal. Only 7 minus 7 of the comps had one. Lot size matters here: 0.27 acres versus 0.22 for the typical comp. Current inventory shows 5 comparable homes in MILWOOD; a balanced market based on recent absorption. Market data shows MILWOOD prices risen 1.5% over the last half year. The closest comparable sale, 12302 Cabana LN, Austin TX 78727 at an adjusted $485,237, is with no pool. The strength of this estimate comes from 7 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