3207 Merrie Lynn Ave # A, Austin TX 78722

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $584,544. Pricing this home between $600,000 and $652,000 would put it in the competitive sweet spot for 78722. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in 78722's current inventory. The smaller lot (0.00 acres versus the area average of 0.07) contributes to the valuation. The active market in 78722 includes 5 comparable homes priced from $525,000 to $799,900. Market data shows 78722 prices fallen 4.9% over the last half year. The closest comparable sale, 2237 Zach Scott ST, Austin TX 78723 at an adjusted $599,281, is a strong comparable. With 7 comparable sales in 78722, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group