5718 Merrywing CIR, Austin TX 78730

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $2,040,918. Pricing this home between $1,708,000 and $1,718,000 would put it in the competitive sweet spot for 78730. Relative to what's currently available in 78730, this home would be the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (713 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (1.00 acres versus the area average of 1.10) contributes to the valuation. Current inventory shows 7 comparable homes in 78730; a buyer's market based on recent absorption. Market data shows 78730 prices risen 4.1% over the last half year. The closest comparable sale, 9405 Prince William, Austin TX 78730 at an adjusted $1,807,557, is with a smaller floor plan. The comp data here (3 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