1405 Glencrest DR, Austin TX 78723

The market data from 6 similar recent sales in MEADOWBROOK points to a value of approximately $637,256. To sell within a reasonable timeframe at fair market value, the $316,000 to $326,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in MEADOWBROOK. Being 112 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in MEADOWBROOK; a buyer's market based on recent absorption. In 78723, home values have risen approximately 1% over the past 6 months. One of the strongest data points is 6404 Linda LN, Austin TX 78723, adjusting to $707,471; a strong comparable. 6 comparable transactions in MEADOWBROOK 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