6104 Merriwood DR, Austin TX 78745

Based on 7 closed sales in 78745, the data points to a value around $392,364 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $261,000 to $271,000. Relative to what's currently available in 78745, this home would be the 3rd most expensive of 7 comparable homes on the market. Lot size matters here: 0.00 acres versus 0.18 for the typical comp. 7 similar homes are currently available in 78745, creating a buyer's market for this price range. Market data shows 78745 prices fallen 2.1% over the last half year. The closest comparable sale, 6601 Sunstrip DR, Austin TX 78745 at an adjusted $338,262, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78745. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group