4608 Magin Meadow DR, Austin TX 78744

Reviewing the most recent comparable transactions, this home's market value falls around $261,926. For a well positioned listing in MEADOW LAKE, I'd target the $283,000 to $290,000 range. With 4 comparable homes on the market in MEADOW LAKE, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (141 sqft vs the comp average) plays a role in how the market prices it. The 2003 construction puts this home 10 years newer than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in MEADOW LAKE, listed between $239,900 and $339,000. Recent trends in MEADOW LAKE show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 2503 Magin Meadow DR, Austin TX 78744, with an adjusted value of $253,257; a strong comparable. 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