8705 Merion CIR, Austin TX 78754

Based on 7 closed sales in CHIMNEYHILL INSTL, the data points to a value around $378,953 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $409,000 to $416,000. This would position the home competitively among 7 active listings in CHIMNEYHILL INSTL. At 209 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1973 (5 years older than comps) is factored into the value estimate. There are currently 7 similar homes on the market in CHIMNEYHILL INSTL, ranging from $309,000 to $485,000. Market data shows 78754 prices risen 2.3% over the last half year. The closest comparable sale, 8803 Merion CIR, Austin TX 78754 at an adjusted $389,195, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus