6004 Baton Rouge DR, Austin TX 78727

The market data from 5 similar recent sales in MILWOOD points to a value of approximately $366,372. To sell within a reasonable timeframe at fair market value, the $271,000 to $281,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in MILWOOD. This home's smaller footprint (113 sqft vs the comp average) plays a role in how the market prices it. At 0.31 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in MILWOOD; a balanced market based on recent absorption. In MILWOOD, home values have fallen approximately 1.6% over the past 6 months. One of the strongest data points is 5720 Shreveport DR, Austin TX 78727, adjusting to $377,965; with a larger floor plan. The 5 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