9409 Meyrick Park TRL, Austin TX 78717

The market data from 3 similar recent sales in AVERY RANCH EAST points to a value of approximately $524,118. To sell within a reasonable timeframe at fair market value, the $608,000 to $624,000 range is where I'd position this. With 4 comparable homes on the market in AVERY RANCH EAST, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. This home's smaller footprint (206 sqft vs the comp average) plays a role in how the market prices it. At 0.13 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. With 4 similar homes currently listed in AVERY RANCH EAST (a balanced market), competition is a factor to consider. In AVERY RANCH EAST, home values have risen approximately 4.6% over the past 6 months. One of the strongest data points is 16633 Ennis TRL, Austin TX 78717, adjusting to $413,504; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group