4511 Blue Meadow DR, Austin TX 78744

The market data from 7 similar recent sales in MEADOW LAKE points to a value of approximately $243,846. To sell within a reasonable timeframe at fair market value, the $256,000 to $257,000 range is where I'd position this. In the current MEADOW LAKE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 2005 construction puts this home 22 years newer than the comp average, a factor in the pricing. At 0.09 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. The active market in MEADOW LAKE includes 3 comparable homes priced from $214,434 to $291,900. In MEADOW LAKE, home values have risen approximately 5.2% over the past 6 months. One of the strongest data points is 7207 Thannas WAY, Austin TX 78744, adjusting to $255,637; a strong comparable. 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