4524 Merle DR, Austin TX 78745

Based on 4 closed sales in ROSE GLEN, the data points to a value around $725,434 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $704,000 to $747,000. This home's position in the current ROSE GLEN market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The larger floor plan (316 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2008 (6 years older than comps) is factored into the value estimate. Buyers in ROSE GLEN have 4 comparable options right now, with asking prices between $669,000 and $799,000. Market data shows 78745 prices risen 2.2% over the last half year. The closest comparable sale, 3100 Menchaca RD # 48, Austin TX 78704 at an adjusted $753,585, is with a smaller floor plan. This estimate draws on 4 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