4803 Pelham DR, Austin TX 78727

The market data from 7 similar recent sales in MILWOOD points to a value of approximately $506,784. To sell within a reasonable timeframe at fair market value, the $366,000 to $376,000 range is where I'd position this. In the current MILWOOD market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 0.21 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Buyers in MILWOOD have 7 comparable options right now, with asking prices between $350,000 and $625,000. In MILWOOD, home values have risen approximately 5.2% over the past 6 months. One of the strongest data points is 4901 Transit CIR, Austin TX 78727, adjusting to $508,827; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group