8817 Merion CIR, Austin TX 78754

Based on 7 closed sales in CHIMNEYHILL INSTL, the data points to a value around $307,121 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $244,000 to $254,000. Relative to what's currently available in CHIMNEYHILL INSTL, this home would be the 3rd least expensive of 7 comparable homes on the market. Lot size matters here: 0.06 acres versus 0.16 for the typical comp. Right now, 7 similar properties are competing for buyers in CHIMNEYHILL INSTL, listed between $225,000 and $519,900. Market data shows 78754 prices fallen 2.8% over the last half year. The closest comparable sale, 5227 Langwood DR, Austin TX 78754 at an adjusted $296,738, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CHIMNEYHILL INSTL. 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