5724 Merrywing CIR, Austin TX 78730

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $1,749,216. Pricing this home between $1,170,000 and $1,180,000 would put it in the competitive sweet spot for 78730. This home's position in the current 78730 market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (138 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (1.00 acres versus the area average of 1.11) contributes to the valuation. 7 similar homes are currently available in 78730, creating a buyer's market for this price range. Market data shows 78730 prices fallen 7.2% over the last half year. The closest comparable sale, 4201 Prince Andrew LN, Austin TX 78730 at an adjusted $1,789,131, is with a smaller floor plan and a pool. With 5 comparable sales in 78730, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group