4703 Milburn LN, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $800,111. I'd recommend coming to market at $372,000 to $382,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in MILBURN, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 213 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1940, this home is 30 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in MILBURN; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 829 Gullett ST, Austin TX 78702 nearby adjusts to $883,789; with a larger floor plan. Based on 7 relevant data points in MILBURN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX