4805 Pelham DR, Austin TX 78727

The market data from 7 similar recent sales in MILWOOD points to a value of approximately $584,130. To sell within a reasonable timeframe at fair market value, the $441,000 to $451,000 range is where I'd position this. Against 4 similar active listings in MILWOOD, this price point lands at the most expensive of 4 comparable homes on the market. At 150 sqft larger than the typical comp, the size difference factors into the valuation. There are currently 4 similar homes on the market in MILWOOD, ranging from $499,000 to $649,500. In MILWOOD, home values have risen approximately 5.2% over the past 6 months. One of the strongest data points is 12022 Carmel Park LN, Austin TX 78727, adjusting to $530,695; with a smaller floor plan. 7 comparable transactions in MILWOOD 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