5914 JACOB GLN, Austin TX 78727

Based on 4 closed sales in MILWOOD, the data points to a value around $287,284 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $279,000 to $296,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in MILWOOD's current inventory. Lot size matters here: 0.00 acres versus 0.13 for the typical comp. Current inventory shows 4 comparable homes in MILWOOD; a balanced market based on recent absorption. Market data shows MILWOOD prices fallen 2.6% over the last half year. The closest comparable sale, 5912 Richard Carlton BLVD, Austin TX 78727 at an adjusted $272,035, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in MILWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group