After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $468,991. Pricing this home between $465,000 and $482,000 would put it in the competitive sweet spot for MILWOOD. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in MILWOOD's current inventory. At 5 years older than typical comps, the 1988 build date influences the valuation. Buyers in MILWOOD have 7 comparable options right now, with asking prices between $395,000 and $499,000. Market data shows MILWOOD prices fallen 1.5% over the last half year. The closest comparable sale, 12810 NW Blackfoot TRL, Austin TX 78729 at an adjusted $432,614, is a strong comparable. With 7 comparable sales in MILWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group