3906 Myrick DR, Austin TX 78731

After reviewing 7 recent transactions in MESA FOREST, I estimate this property's value at $695,573. A competitive list price for this home right now would fall in the $543,000 to $553,000 range. Buyers shopping in MESA FOREST right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (126 sqft vs the comp average) plays a role in how the market prices it. At 10 years newer than typical comps, the 1997 build date influences the valuation. With 7 similar homes currently listed in MESA FOREST (a buyer's market), competition is a factor to consider. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 7815 Moritz LN, Austin TX 78731 carries an adjusted comparable value of $1,008,932, providing a strong data point. The comp data here (7 sales in MESA FOREST) 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