8033 Luling LN, Austin TX 78729

Based on 7 closed sales in MILWOOD, the data points to a value around $522,016 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $506,000 to $538,000. This home's position in the current MILWOOD market: the 3rd most expensive of 5 comparable homes on the market among comparable properties. The larger floor plan (183 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 5 comparable homes in MILWOOD; a balanced market based on recent absorption. Market data shows MILWOOD prices risen 5.2% over the last half year. The closest comparable sale, 13367 Amasia DR, Austin TX 78729 at an adjusted $489,139, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MILWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group