1302 Merlene DR, Austin TX 78732

Taking into account 7 nearby comparable sales, this property's estimated value comes to $631,248. If we were to list this property today, I'd recommend a list price in the $655,000 to $731,000 range. Relative to what's currently available in RIVER RIDGE, this home would be the 2nd least expensive of 7 comparable homes on the market. Lot size matters here: 0.86 acres versus 0.19 for the typical comp. With 7 similar homes currently listed in RIVER RIDGE (a buyer's market), competition is a factor to consider. The 6 month price trend in RIVER RIDGE: fallen 23.4%. The best comp here is 12501 Mixson DR, Austin TX 78732 at an adjusted value of $821,119, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in RIVER RIDGE. 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