5914 Avery Island Ave, Austin TX 78727

My analysis of 7 comparable properties puts this home's estimated value at $305,536. Based on how the local market is moving, a list price between $302,000 and $327,000 would position this home well. Relative to what's currently available in MILWOOD, this home would be the most expensive of 3 comparable homes on the market. At 100 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.11) contributes to the valuation. With 3 similar homes currently listed in MILWOOD (a balanced market), competition is a factor to consider. The 6 month price trend in MILWOOD: risen 4.9%. The best comp here is 5912 Richard Carlton BLVD, Austin TX 78727 at an adjusted value of $276,668, a strong comparable. The comp data here (7 sales in MILWOOD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus