1019 Merlene, Austin TX 78732

7 recent sales in the surrounding area of this address suggest a current value of $1,120,887. My recommended list price range for this property would be $944,000 to $954,000. With 7 comparable homes on the market in RIVER RIDGE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 0.37 acre lot (larger than the 0.27 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in RIVER RIDGE; a buyer's market based on recent absorption. In RIVER RIDGE, home values have fallen approximately 23.4% over the past 6 months. One of the strongest data points is 413 Horseback HOLW, Austin TX 78732, adjusting to $1,254,667; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group