5412 Merrywing CIR, Austin TX 78730

After reviewing 5 recent transactions in RIVER PLACE, I estimate this property's value at $931,746. A competitive list price for this home right now would fall in the $972,000 to $992,000 range. Buyers shopping in RIVER PLACE right now would see this as a well positioned option among 7 comparable homes. The 276 sqft size difference versus comparable sales is reflected in the adjusted values. Having a pool is a plus; 5 of the 5 comps lacked one. With 7 similar homes currently listed in RIVER PLACE (a buyer's market), competition is a factor to consider. Prices in RIVER PLACE have fallen 1.8% over the last 6 months. A similar home at 5304 China Garden DR, Austin TX 78730 carries an adjusted comparable value of $991,600, providing a strong data point. The comp data here (5 sales in RIVER PLACE) 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