4701 Milburn LN, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $515,022. For a well positioned listing in MILBURN, I'd target the $334,000 to $344,000 range. In the current MILBURN market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. At 0.21 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in MILBURN; a buyer's market based on recent absorption. Recent trends in 78702 show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 746 Springdale RD, Austin TX 78702, with an adjusted value of $536,392; a strong comparable. 6 comparable transactions in MILBURN 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