5135 Meadow Creek DR, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $378,306. To generate strong buyer interest while maximizing value, I'd price this between $395,000 and $428,000. With 5 comparable homes on the market in EMERALD FOREST, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. The larger floor plan (125 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.37 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. With 5 similar homes currently listed in EMERALD FOREST (a balanced market), competition is a factor to consider. The trend in EMERALD FOREST shows prices have risen 29.9% in the past 6 months. 910 Emerald Wood DR, Austin TX 78745 nearby adjusts to $458,941; a strong comparable. 7 comparable transactions in EMERALD FOREST 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