2000 Meadowbrook DR, Austin TX 78703

The market data from 5 similar recent sales in 78703 points to a value of approximately $2,174,145. To sell within a reasonable timeframe at fair market value, the $1,897,000 to $1,907,000 range is where I'd position this. In the current 78703 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 0.28 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. The active market in 78703 includes 7 comparable homes priced from $1,600,000 to $3,250,000. In 78703, home values have fallen approximately 9.3% over the past 6 months. One of the strongest data points is 22 Margranita CRES, Austin TX 78703, adjusting to $2,191,721; with a pool. 5 comparable transactions in 78703 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