4004 Merimac, Austin TX 78731

My analysis of 7 comparable properties puts this home's estimated value at $462,252. Based on how the local market is moving, a list price between $552,000 and $560,000 would position this home well. This would position the home competitively among 3 active listings in TRAILS. At 10 years older than typical comps, the 1973 build date influences the valuation. Buyers in TRAILS have 3 comparable options right now, with asking prices between $435,000 and $580,000. The 6 month price trend in 78731: fallen 12.4%. The best comp here is 7907 Tealwood TRL, Austin TX 78731 at an adjusted value of $378,684, a strong comparable. With 7 comparable sales in TRAILS, 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