7701 Peabody DR, Austin TX 78729

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $418,903. To generate strong buyer interest while maximizing value, I'd price this between $436,000 and $456,000. Against 3 similar active listings in MILWOOD, this price point lands at the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (117 sqft vs the comp average) plays a role in how the market prices it. The 1999 construction puts this home 5 years newer than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in MILWOOD, listed between $399,000 and $499,900. The trend in MILWOOD shows prices have fallen 0.6% in the past 6 months. 7601 Dallas DR, Austin TX 78729 nearby adjusts to $462,740; a strong comparable. 6 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