Reviewing the most recent comparable transactions, this home's market value falls around $1,050,802. For a well positioned listing in MEADOW MOUNTAIN, I'd target the $1,030,000 to $1,072,000 range. With 7 comparable homes on the market in MEADOW MOUNTAIN, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (112 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. With 7 similar homes currently listed in MEADOW MOUNTAIN (a balanced market), competition is a factor to consider. Recent trends in 78731 show home values have risen 15.8% since 6 months ago. The most comparable recent sale is 6616 Candle Ridge CV, Austin TX 78731, with an adjusted value of $836,211; with a larger floor plan and no pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group