1401 Meander DR, Austin TX 78721

My analysis of 7 comparable properties puts this home's estimated value at $425,313. Based on how the local market is moving, a list price between $310,000 and $320,000 would position this home well. Buyers shopping in LINCOLN GARDENS right now would see this as a well positioned option among 7 comparable homes. At 7 years newer than typical comps, the 1967 build date influences the valuation. The larger lot (0.28 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 7 comparable homes in LINCOLN GARDENS; a buyer's market based on recent absorption. The 6 month price trend in LINCOLN GARDENS: fallen 26.4%. The best comp here is 1300 Delano ST, Austin TX 78721 at an adjusted value of $240,726, a strong comparable. With 7 comparable sales in LINCOLN GARDENS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group