4613 Magin Meadow DR, Austin TX 78744

The market data from 7 similar recent sales in MEADOW LAKE points to a value of approximately $278,727. To sell within a reasonable timeframe at fair market value, the $346,000 to $348,000 range is where I'd position this. In the current MEADOW LAKE market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The larger floor plan (169 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2005 construction puts this home 12 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in MEADOW LAKE, ranging from $315,000 to $565,000. In MEADOW LAKE, home values have fallen approximately 0.8% over the past 6 months. One of the strongest data points is 7101 Thannas WAY, Austin TX 78744, adjusting to $302,486; 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