5732 Merrywing CIR, Austin TX 78730

My analysis of 7 comparable properties puts this home's estimated value at $1,974,413. Based on how the local market is moving, a list price between $2,426,000 and $2,428,000 would position this home well. This home's position in the current 78730 market: the most affordable of 4 comparable homes on the market among comparable properties. This home's larger footprint (491 sqft vs the comp average) plays a role in how the market prices it. The larger lot (1.00 acres versus the area average of 0.74) contributes to the valuation. The active market in 78730 includes 4 comparable homes priced from $1,999,990 to $2,994,990. The 6 month price trend in 78730: fallen 7.2%. The best comp here is 9405 Leaning Rock CIR, Austin TX 78730 at an adjusted value of $2,182,678, with a smaller floor plan and a pool. With 7 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