701 Meriden LN, Austin TX 78703

The estimated value of this property is $1,228,903, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $745,000 and $755,000. With 7 comparable homes on the market in DEEP EDDY HEIGHTS, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Built in 1952, this home is 24 years older than the average comp, which is reflected in the adjustments. The 0.16 acre lot (larger than the 0.10 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in DEEP EDDY HEIGHTS, ranging from $675,000 to $1,649,000. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 1206 Marshall LN, Austin TX 78703, with an adjusted value of $1,000,394; a strong comparable. Based on 7 relevant data points in DEEP EDDY HEIGHTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX