4516 Merle DR # 2, Austin TX 78745

Taking into account 3 nearby comparable sales, this property's estimated value comes to $605,407. If we were to list this property today, I'd recommend a list price in the $508,000 to $518,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in FORD PLACE's current inventory. Being built in 2018 (7 years older than comps) is factored into the value estimate. Lot size matters here: 0.25 acres versus 0.19 for the typical comp. Right now, 7 similar properties are competing for buyers in FORD PLACE, listed between $485,000 and $1,099,995. The 6 month price trend in FORD PLACE: fallen 47.9%. The best comp here is 4614 Philco DR # 3, Austin TX 78745 at an adjusted value of $549,370, a strong comparable. This estimate draws on 3 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