3402 Merrie Lynn Ave, Austin TX 78722

Based on 3 closed sales in MCQUOWN A, the data points to a value around $524,389 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $401,000 to $411,000. Buyers shopping in MCQUOWN A right now would see this as a well positioned option among 3 comparable homes. Lot size matters here: 0.30 acres versus 0.25 for the typical comp. Buyers in MCQUOWN A have 3 comparable options right now, with asking prices between $350,000 and $775,000. Market data shows 78722 prices fallen 10.6% over the last half year. The closest comparable sale, 1721 E 32nd ST, Austin TX 78722 at an adjusted $700,123, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in MCQUOWN A. 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