4508 Adelphi LN, Austin TX 78727

After reviewing 7 recent transactions in MILWOOD, I estimate this property's value at $585,397. A competitive list price for this home right now would fall in the $423,000 to $433,000 range. This home's position in the current MILWOOD market: the 3rd least expensive of 6 comparable homes on the market among comparable properties. The larger lot (0.33 acres versus the area average of 0.20) contributes to the valuation. The active market in MILWOOD includes 6 comparable homes priced from $435,000 to $649,500. Prices in MILWOOD have risen 5.2% over the last 6 months. A similar home at 12022 Carmel Park LN, Austin TX 78727 carries an adjusted comparable value of $547,039, providing a strong data point. With 7 comparable sales in MILWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group