4423 Stony Meadow LN, Austin TX 78731

After reviewing 4 recent transactions in MEADOW MOUNTAIN, I estimate this property's value at $593,040. A competitive list price for this home right now would fall in the $718,000 to $723,000 range. This home's position in the current MEADOW MOUNTAIN market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (164 sqft vs the comp average) plays a role in how the market prices it. There are currently 7 similar homes on the market in MEADOW MOUNTAIN, ranging from $547,000 to $1,125,000. Prices in 78731 have fallen 12.9% over the last 6 months. A similar home at 7916 Ridgeline N, Austin TX 78731 carries an adjusted comparable value of $509,640, providing a strong data point. The comp data here (4 sales in MEADOW MOUNTAIN) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus