713 Meriden LN, Austin TX 78703

Based on 7 closed sales in DEEP EDDY HEIGHTS, the data points to a value around $486,690 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $276,000 to $286,000. This would position the home competitively among 7 active listings in DEEP EDDY HEIGHTS. Being 306 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1938 (16 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in DEEP EDDY HEIGHTS; a buyer's market based on recent absorption. Market data shows 78703 prices fallen 2.5% over the last half year. The closest comparable sale, 2113 W 12th ST, Austin TX 78703 at an adjusted $666,529, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in DEEP EDDY HEIGHTS. 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