515 Meadow Lea DR, Austin TX 78745

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $500,945. I'd recommend coming to market at $417,000 to $427,000 to strike the right balance between value and market velocity. In the current BEACONRIDGE -A market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 183 sqft size difference versus comparable sales is reflected in the adjusted values. With 3 similar homes currently listed in BEACONRIDGE -A (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have risen 2% in the past 6 months. 7113 Bill Hughes RD, Austin TX 78745 nearby adjusts to $486,154; with a smaller floor plan. Based on 7 relevant data points in BEACONRIDGE -A, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX