1405 Meriden LN, Austin TX 78703

The estimated value of this property is $2,859,393, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $5,745,000 and $6,177,000. With 7 comparable homes on the market in WESTFIELD, this price positions the property as the most affordable of 7 comparable homes on the market. At 510 sqft larger than the typical comp, the size difference factors into the valuation. The 0.31 acre lot (larger than the 0.23 acre average) is reflected in the estimate. Buyers in WESTFIELD have 7 comparable options right now, with asking prices between $3,750,000 and $7,425,000. Recent trends in WESTFIELD show home values have risen 29.4% since 6 months ago. The most comparable recent sale is 2621 Exposition BLVD, Austin TX 78703, with an adjusted value of $2,805,875; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group