1402 Meander DR # B, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $549,680. For a well positioned listing in LINCOLN GARDENS, I'd target the $523,000 to $534,000 range. In the current LINCOLN GARDENS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 173 sqft size difference versus comparable sales is reflected in the adjusted values. The 2019 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in LINCOLN GARDENS; a buyer's market based on recent absorption. Recent trends in LINCOLN GARDENS show home values have fallen 6.6% since 6 months ago. The most comparable recent sale is 3600 Pennsylvania Ave # 2, Austin TX 78721, with an adjusted value of $507,249; with a smaller floor plan. 3 comparable transactions in LINCOLN GARDENS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group