4811 Pelham DR, Austin TX 78727

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $484,154. I'd recommend coming to market at $580,000 to $583,000 to strike the right balance between value and market velocity. Against 7 similar active listings in MILWOOD, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 0.28 acre lot (larger than the 0.17 acre average) is reflected in the estimate. The active market in MILWOOD includes 7 comparable homes priced from $424,995 to $625,000. The trend in MILWOOD shows prices have risen 5.2% in the past 6 months. 4305 Yucatan LN, Austin TX 78727 nearby adjusts to $589,029; a strong comparable. Based on 7 relevant data points in MILWOOD, 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