7404 NAPIER TRL, Austin TX 78729

The market data from 7 similar recent sales in MILWOOD points to a value of approximately $512,410. To sell within a reasonable timeframe at fair market value, the $581,000 to $593,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in MILWOOD. This home's larger footprint (117 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. The active market in MILWOOD includes 7 comparable homes priced from $509,000 to $660,000. In MILWOOD, home values have fallen approximately 1.6% over the past 6 months. One of the strongest data points is 13223 Darwin LN, Austin TX 78729, adjusting to $473,290; a strong comparable. The 7 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