3303 Merrie Lynn Ave # 2, Austin TX 78722

My analysis of 7 comparable properties puts this home's estimated value at $550,383. Based on how the local market is moving, a list price between $345,000 and $355,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in 78722's current inventory. At 31 years newer than typical comps, the 2018 build date influences the valuation. The larger lot (0.18 acres versus the area average of 0.12) contributes to the valuation. The active market in 78722 includes 7 comparable homes priced from $350,000 to $650,000. The 6 month price trend in 78722: fallen 12.2%. The best comp here is 2903 Breeze # 2, Austin TX 78722 at an adjusted value of $540,095, a strong comparable. The comp data here (7 sales in 78722) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus