4517 Merle DR, Austin TX 78745

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $743,796. Pricing this home between $728,000 and $738,000 would put it in the competitive sweet spot for 78745. This home's position in the current 78745 market: the most expensive of 3 comparable homes on the market among comparable properties. At 10 years older than typical comps, the 2008 build date influences the valuation. The larger lot (0.24 acres versus the area average of 0.17) contributes to the valuation. There are currently 3 similar homes on the market in 78745, ranging from $699,000 to $775,000. Market data shows 78745 prices fallen 5.2% over the last half year. The closest comparable sale, 4606 Banister LN # A, Austin TX 78745 at an adjusted $703,324, is a strong comparable. The comp data here (3 sales in 78745) 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