3207 Merrie Lynn Ave # B, Austin TX 78722

Based on 4 closed sales in MCQUOWN A, the data points to a value around $650,137 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $749,000 to $841,000. Relative to what's currently available in MCQUOWN A, this home would be the 2nd least expensive of 7 comparable homes on the market. Being built in 2008 (8 years older than comps) is factored into the value estimate. Lot size matters here: 0.18 acres versus 0.13 for the typical comp. Current inventory shows 7 comparable homes in MCQUOWN A; a buyer's market based on recent absorption. Market data shows 78722 prices fallen 11.5% over the last half year. The closest comparable sale, 3505 Banton RD # A, Austin TX 78722 at an adjusted $598,080, is 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