7601 PHEASANT ROCK, Austin TX 78729

My analysis of 5 comparable properties puts this home's estimated value at $512,911. Based on how the local market is moving, a list price between $545,000 and $567,000 would position this home well. This home's position in the current MILWOOD market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (220 sqft vs the comp average) plays a role in how the market prices it. With 7 similar homes currently listed in MILWOOD (a balanced market), competition is a factor to consider. The 6 month price trend in MILWOOD: risen 3.8%. The best comp here is 12706 Shemya CV, Austin TX 78729 at an adjusted value of $512,166, a strong comparable. The comp data here (5 sales in MILWOOD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus