2505 Blue Meadow DR, Austin TX 78744

Reviewing the most recent comparable transactions, this home's market value falls around $298,170. For a well positioned listing in INDIAN HILLS, I'd target the $343,000 to $348,000 range. In the current INDIAN HILLS market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 1995 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.16 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in INDIAN HILLS; based on recent absorption. Recent trends in INDIAN HILLS show home values have risen 25.6% since 6 months ago. The most comparable recent sale is 2503 Magin Meadow DR, Austin TX 78744, with an adjusted value of $272,210; a strong comparable. 4 comparable transactions in INDIAN HILLS 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