5424 MERRYWING CRES, Austin TX 78730

Reviewing the most recent comparable transactions, this home's market value falls around $818,697. For a well positioned listing in RIVER PLACE, I'd target the $804,000 to $890,000 range. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in RIVER PLACE. At 0.00 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in RIVER PLACE; a balanced market based on recent absorption. Recent trends in RIVER PLACE show home values have risen 8.7% since 6 months ago. The most comparable recent sale is 9805 Drip Rock LN, Austin TX 78730, with an adjusted value of $782,119; a strong comparable. 7 comparable transactions in RIVER PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group