5502 Shreveport DR, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $421,312. For a well positioned listing in MILWOOD, I'd target the $422,000 to $430,000 range. In the current MILWOOD market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. At 0.32 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in MILWOOD; a balanced market based on recent absorption. Recent trends in MILWOOD show home values have risen 2.4% since 6 months ago. The most comparable recent sale is 12904 Garfield LN, Austin TX 78727, with an adjusted value of $470,270; 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