1100 Merlene DR, Austin TX 78732

Taking into account 4 nearby comparable sales, this property's estimated value comes to $671,038. If we were to list this property today, I'd recommend a list price in the $674,000 to $732,000 range. Relative to what's currently available in RIVER RIDGE, this home would be the most expensive of 3 comparable homes on the market. At 229 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2000 (8 years older than comps) is factored into the value estimate. The active market in RIVER RIDGE includes 3 comparable homes priced from $635,000 to $795,000. The 6 month price trend in RIVER RIDGE: fallen 23.4%. The best comp here is 309 El Socorro LN, Austin TX 78732 at an adjusted value of $590,329, a strong comparable. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus