7904 Osborne DR, Austin TX 78729

My analysis of 4 comparable properties puts this home's estimated value at $534,879. Based on how the local market is moving, a list price between $443,000 and $453,000 would position this home well. Relative to what's currently available in MILWOOD, this home would be the 2nd most expensive of 7 comparable homes on the market. At 6 years newer than typical comps, the 1998 build date influences the valuation. The larger lot (0.22 acres versus the area average of 0.18) contributes to the valuation. 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 5.2%. The best comp here is 8004 Osborne DR, Austin TX 78729 at an adjusted value of $612,564, a strong comparable. With 4 comparable sales in MILWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group