1904 Meadowbrook DR, Austin TX 78703

The comparable sales data (4 recent transactions in RAVEL & GERLING) supports an estimated value of $1,950,308. The data suggests a list price between $1,911,000 and $1,989,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in RAVEL & GERLING's current inventory. At 305 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.30 acres versus 0.25 for the typical comp. 7 similar homes are currently available in RAVEL & GERLING, creating a buyer's market for this price range. Prices in 78703 have fallen 4.6% over the last 6 months. A similar home at 2602 Thomas DR, Austin TX 78703 carries an adjusted comparable value of $1,477,842, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in RAVEL & GERLING. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group