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7125 Merrick Drive

4 Bedrooms | 7,067 sq. ft. | 1.5 acres

As part of the process of determining a listing price for your home on Merrick Drive, I have analyzed the data for comparable homes from January 1, 2019 through today's current active listings. The homes I used as comparables are located within a 2 mile radius of your home, including all of the Westmoreland neighborhoods, Rudder Lane, Riverbend/Lyons Bend areas, Northshore, and Westland Drive. Listed below are the homes I chose to use, separated into listings that are active, and listings which sold in the past year:

Active Listings

1101 TOBLER ROAD

Price: $1,595,000
Days on Market: 303
Bedrooms: 6
Square Feet: 7,250
Price/Square Feet: $220
Year built: 1993
Lot size: 1.35 acres
Distance: 0.22 miles

7206 SHERWOOD DRIVE

Price: $1,399,900
Days on Market: 262
Bedrooms: 5
Square Feet: 7,700
Price/Square Feet: $182
Year built: 1998
Lot size: 0.68 acres
Distance: 0.42 miles

Average Price of Comparable Properties

Here are the averages for the 8 comparable properties that are currently on the market:

Price: $1,238,675
Square Feet: 7,603
Price/Square Feet: $167.05
Days on Market: 239

Sold Listings

7301 DUNSFORD LANE

Price: $1,110,000
Days on Market: 197
Bedrooms: 4
Square Feet: 5,969
Price/Square Feet: $186
Year built: 1996
Lot size: — acres
Distance: 0.5 miles

1715 GLEN BEAN COURT

Price: $1,200,000
Days on Market: 330
Bedrooms: 5
Square Feet: 6,974
Price/Square Feet: $172
Year built: 2006
Lot size: 2.43 acres
Distance: 1.04 miles

Sold Price Comparisons

Here are the averages for the 4 comparable properties that have sold in the past year:

Price: $1,055,625
Square Feet: 5,887
Price/Square Feet: $180
Days on Market: 157