5517 Charles Merle DR # A, Austin TX 78747

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $403,824. I'd recommend coming to market at $422,000 to $429,000 to strike the right balance between value and market velocity. Against 7 similar active listings in GOODNIGHT RANCH, this price point lands at the 4th most expensive of 7 comparable homes on the market. Being 153 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.20 acre lot (larger than the 0.11 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in GOODNIGHT RANCH, ranging from $375,000 to $524,990. The trend in GOODNIGHT RANCH shows prices have fallen 2.8% in the past 6 months. 9012 Cattle Baron PATH, Austin TX 78747 nearby adjusts to $399,790; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group