4700 MILBURN LN, Austin TX 78702

Based on 7 closed sales in 78702, the data points to a value around $457,440 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $525,000 to $528,000. Relative to what's currently available in 78702, this home would be the 2nd least expensive of 7 comparable homes on the market. At 253 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1941 (16 years older than comps) is factored into the value estimate. 7 similar homes are currently available in 78702, creating a buyer's market for this price range. Market data shows 78702 prices risen 1.5% over the last half year. The closest comparable sale, 2609 Willow ST # 1, Austin TX 78702 at an adjusted $527,902, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus