1311 Mearns MDW, Austin TX 78758

The estimated value of this property is $424,274, based on 6 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $301,000 and $311,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78758. At 269 sqft larger than the typical comp, the size difference factors into the valuation. The 0.00 acre lot (smaller than the 0.24 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 78758, ranging from $314,900 to $659,900. Recent trends in 78758 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 1301 S Meadows DR, Austin TX 78758, with an adjusted value of $329,854; a strong comparable. Based on 6 relevant data points in 78758, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX