7401 Tovar DR, Austin TX 78729

The market data from 7 similar recent sales in MILWOOD points to a value of approximately $440,990. To sell within a reasonable timeframe at fair market value, the $435,000 to $441,000 range is where I'd position this. With 4 comparable homes on the market in MILWOOD, this price positions the property as the most expensive of 4 comparable homes on the market. At 0.22 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. 4 similar homes are currently available in MILWOOD, creating a balanced market for this price range. In MILWOOD, home values have risen approximately 1.5% over the past 6 months. One of the strongest data points is 13449 Gent DR, Austin TX 78729, adjusting to $388,862; a strong comparable. 7 comparable transactions in MILWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group