4809 Pelham DR, Austin TX 78727

The market data from 7 similar recent sales in MILWOOD points to a value of approximately $502,228. To sell within a reasonable timeframe at fair market value, the $487,000 to $517,000 range is where I'd position this. Among the similar homes currently available in MILWOOD, this price point stands out as competitive. At 0.25 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in MILWOOD; a balanced market based on recent absorption. In MILWOOD, home values have risen approximately 5.2% over the past 6 months. One of the strongest data points is 3812 Tarragona LN, Austin TX 78727, adjusting to $651,345; 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