4508 Magin Meadow DR, Austin TX 78744

Reviewing the most recent comparable transactions, this home's market value falls around $293,704. For a well positioned listing in MEADOW LAKE, I'd target the $172,000 to $182,000 range. In the current MEADOW LAKE market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 2002 construction puts this home 15 years newer than the comp average, a factor in the pricing. At 0.09 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. With 7 similar homes currently listed in MEADOW LAKE (a buyer's market), competition is a factor to consider. Recent trends in MEADOW LAKE show home values have risen 5.2% since 6 months ago. The most comparable recent sale is 4515 Blue Meadow DR, Austin TX 78744, with an adjusted value of $309,549; with a smaller floor plan. 7 comparable transactions in MEADOW LAKE 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