4609 Pelham DR, Austin TX 78727

My analysis of 7 comparable properties puts this home's estimated value at $504,553. Based on how the local market is moving, a list price between $377,000 and $387,000 would position this home well. Relative to what's currently available in MILWOOD, this home would be the 2nd least expensive of 6 comparable homes on the market. The larger lot (0.25 acres versus the area average of 0.20) contributes to the valuation. The active market in MILWOOD includes 6 comparable homes priced from $350,000 to $649,500. The 6 month price trend in MILWOOD: risen 5.2%. The best comp here is 4202 Kilgore LN, Austin TX 78727 at an adjusted value of $401,487, a strong comparable. 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