5706 Merrywing CIR, Austin TX 78730

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $2,224,070. Pricing this home between $2,157,000 and $2,291,000 would put it in the competitive sweet spot for 78730. This pricing would rank the home as below the only comparable home currently on the market in 78730's current inventory. At 1,701 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (1.01 acres versus the area average of 1.21) contributes to the valuation. There are currently 1 similar homes on the market in 78730, ranging from $7,300,000 to $7,300,000. Market data shows 78730 prices fallen 7.2% over the last half year. The closest comparable sale, 5722 Standing Rock DR, Austin TX 78730 at an adjusted $2,342,778, is a strong comparable. The comp data here (7 sales in 78730) 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