5512 Merrywing CIR, Austin TX 78730

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,035,205. If we were to list this property today, I'd recommend a list price in the $902,000 to $912,000 range. Buyers shopping in RIVER PLACE right now would see this as a well positioned option among 6 comparable homes. Being built in 1991 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.36 acres versus 0.33 for the typical comp. Current inventory shows 6 comparable homes in RIVER PLACE; a buyer's market based on recent absorption. The 6 month price trend in RIVER PLACE: fallen 1.8%. The best comp here is 5100 Hadle CV, Austin TX 78730 at an adjusted value of $924,951, with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in RIVER PLACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group