4413 Magin Meadows DR, Austin TX 78744

Based on 7 closed sales in MEADOW LAKE, the data points to a value around $239,454 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $160,000 to $170,000. This home's position in the current MEADOW LAKE market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being 278 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2005 (12 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in MEADOW LAKE (a buyer's market), competition is a factor to consider. Market data shows MEADOW LAKE prices risen 12.1% over the last half year. The closest comparable sale, 4515 Blue Meadow DR, Austin TX 78744 at an adjusted $299,679, is a strong comparable. The strength of this estimate comes from 7 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