1404 Meander DR # A, Austin TX 78721

The estimated value of this property is $613,972, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $276,000 and $286,000. Among the similar homes currently available in LINCOLN GARDENS, this price point stands out as competitive. At 273 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.24 acre lot (larger than the 0.16 acre average) is reflected in the estimate. With 7 similar homes currently listed in LINCOLN GARDENS (a buyer's market), competition is a factor to consider. Recent trends in LINCOLN GARDENS show home values have fallen 26.4% since 6 months ago. The most comparable recent sale is 1216 Delano ST # 1, Austin TX 78721, with an adjusted value of $708,003; with a larger floor plan. Based on 4 relevant data points in LINCOLN GARDENS, 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