7604 ELKHORN MOUNTAIN TRL, Austin TX 78729

Reviewing the most recent comparable transactions, this home's market value falls around $528,029. For a well positioned listing in MILWOOD, I'd target the $575,000 to $593,000 range. In the current MILWOOD market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 144 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in MILWOOD; a balanced market based on recent absorption. Recent trends in MILWOOD show home values have fallen 3.7% since 6 months ago. The most comparable recent sale is 13223 Darwin LN, Austin TX 78729, with an adjusted value of $483,737; with a smaller floor plan. 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