7457 Peabody DR, Austin TX 78729

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $368,694. I'd recommend coming to market at $404,000 to $408,000 to strike the right balance between value and market velocity. Against 7 similar active listings in MILWOOD, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Built in 1995, this home is 9 years newer than the average comp, which is reflected in the adjustments. The 0.01 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. Buyers in MILWOOD have 7 comparable options right now, with asking prices between $335,000 and $438,000. The trend in MILWOOD shows prices have fallen 0.6% in the past 6 months. 7022 Buccaneer TRL, Austin TX 78729 nearby adjusts to $387,157; a strong comparable. Based on 7 relevant data points in MILWOOD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX