5006 Merritt DR, Austin TX 78744

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $330,976. Pricing this home between $379,000 and $380,000 would put it in the competitive sweet spot for PEPPERTREE PARK. Buyers shopping in PEPPERTREE PARK right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (279 sqft vs the comp average) plays a role in how the market prices it. Right now, 7 similar properties are competing for buyers in PEPPERTREE PARK, listed between $280,000 and $425,000. Market data shows PEPPERTREE PARK prices fallen 15.6% over the last half year. The closest comparable sale, 5414 Palo Blanco LN, Austin TX 78744 at an adjusted $322,634, is with a smaller floor plan. With 4 comparable sales in PEPPERTREE PARK, 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