4900 Meller Gardens # 27, Austin TX 78741

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $664,840. Pricing this home between $807,000 and $810,000 would put it in the competitive sweet spot for SUNRIDGE. Relative to what's currently available in SUNRIDGE, this home would be the most affordable of 5 comparable homes on the market. The 421 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.03 acres versus the area average of 0.11) contributes to the valuation. Current inventory shows 5 comparable homes in SUNRIDGE; a buyer's market based on recent absorption. Market data shows 78741 prices fallen 8.2% over the last half year. The closest comparable sale, 1500 Summit ST # 4, Austin TX 78741 at an adjusted $807,162, is with a smaller floor plan. With 7 comparable sales in SUNRIDGE, 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