4515 Magin Meadow DR, Austin TX 78744

Based on 7 closed sales in MEADOW LAKE, the data points to a value around $242,885 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $190,000 to $200,000. Buyers shopping in MEADOW LAKE right now would see this as a well positioned option among 7 comparable homes. The smaller floor plan (286 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2005 (12 years newer than comps) is factored into the value estimate. 7 similar homes are currently available in MEADOW LAKE, creating a buyer's market for this price range. Market data shows MEADOW LAKE prices risen 5.2% over the last half year. The closest comparable sale, 4515 Blue Meadow DR, Austin TX 78744 at an adjusted $297,209, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus