7405 Tovar DR, Austin TX 78729

Based on 5 closed sales in MILWOOD, the data points to a value around $481,720 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $492,000 to $514,000. This home's position in the current MILWOOD market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. Being built in 1994 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 0.21 acres versus 0.17 for the typical comp. The active market in MILWOOD includes 4 comparable homes priced from $434,995 to $525,000. Market data shows MILWOOD prices fallen 1.7% over the last half year. The closest comparable sale, 13006 Debarr DR, Austin TX 78729 at an adjusted $446,980, is a strong comparable. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus