12807 Meehan DR, Austin TX 78727

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $325,752. I'd recommend coming to market at $246,000 to $256,000 to strike the right balance between value and market velocity. Against 7 similar active listings in SCOFIELD FARMS, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 591 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.10 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in SCOFIELD FARMS; a balanced market based on recent absorption. The trend in SCOFIELD FARMS shows prices have fallen 13% in the past 6 months. 12910 Meehan DR, Austin TX 78727 nearby adjusts to $351,520; with a larger floor plan. With 7 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