10608 Merrywing CV, Austin TX 78730

Reviewing the most recent comparable transactions, this home's market value falls around $1,523,465. For a well positioned listing in RIVER PLACE, I'd target the $1,933,000 to $1,990,000 range. Against 3 similar active listings in RIVER PLACE, this price point lands at the most affordable of 3 comparable homes on the market. This home's larger footprint (1,070 sqft vs the comp average) plays a role in how the market prices it. The 2004 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 3 similar homes currently listed in RIVER PLACE (a buyer's market), competition is a factor to consider. Recent trends in RIVER PLACE show home values have fallen 1.8% since 6 months ago. The most comparable recent sale is 4105 Michael Neill DR, Austin TX 78730, with an adjusted value of $1,555,689; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group