7405 Merrick LN, Austin TX 78748

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $340,936. I'd recommend coming to market at $408,000 to $423,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in HIGHMARK, this price positions the property as the most affordable of 3 comparable homes on the market. The 0.00 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in HIGHMARK, ranging from $378,000 to $599,999. The trend in 78748 shows prices have fallen 4.3% in the past 6 months. 8117 Almondsbury LN, Austin TX 78748 nearby adjusts to $347,533; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group