16512 Denise DR, Austin TX 78717

Reviewing the most recent comparable transactions, this home's market value falls around $448,174. For a well positioned listing in MEADOWS BRUSHY CREEK, I'd target the $483,000 to $506,000 range. With 6 comparable homes on the market in MEADOWS BRUSHY CREEK, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. The smaller floor plan (690 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.15 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in MEADOWS BRUSHY CREEK; a balanced market based on recent absorption. Recent trends in MEADOWS BRUSHY CREEK show home values have fallen 0.9% since 6 months ago. The most comparable recent sale is 9006 Brimstone LN, Austin TX 78717, with an adjusted value of $451,108; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group