12900 Meehan DR, Austin TX 78727

The estimated value of this property is $379,909, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $249,000 and $259,000. In the current SCOFIELD FARMS market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Being 524 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.09 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in SCOFIELD FARMS; a balanced market based on recent absorption. Recent trends in SCOFIELD FARMS show home values have fallen 13% since 6 months ago. The most comparable recent sale is 12910 Meehan DR, Austin TX 78727, with an adjusted value of $383,715; 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