Based on 3 closed sales in MEADOW LAKE &, the data points to a value around $265,555 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $305,000 to $322,000. This would position the home competitively among 6 active listings in MEADOW LAKE &. The larger floor plan (188 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 6 similar properties are competing for buyers in MEADOW LAKE &, listed between $295,000 and $350,000. Market data shows 78744 prices fallen 2.9% over the last half year. The closest comparable sale, 2503 Magin Meadow DR, Austin TX 78744 at an adjusted $266,462, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in MEADOW LAKE &. 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