4516 Magin Meadow DR, Austin TX 78744

Based on 7 closed sales in MEADOW LAKE, the data points to a value around $231,266 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $184,000 to $194,000. This home's position in the current MEADOW LAKE market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (225 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2005 (17 years newer than comps) is factored into the value estimate. Buyers in MEADOW LAKE have 7 comparable options right now, with asking prices between $199,000 and $290,000. Market data shows 78744 prices fallen 1.1% over the last half year. The closest comparable sale, 4515 Blue Meadow DR, Austin TX 78744 at an adjusted $299,260, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MEADOW LAKE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group