5212 Emerald Meadow DR, Austin TX 78745

The estimated value of this property is $324,389, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $272,000 and $282,000. With 3 comparable homes on the market in 78745, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (108 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.23 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in 78745; a buyer's market based on recent absorption. Recent trends in 78745 show home values have risen 2.9% since 6 months ago. The most comparable recent sale is 4816 Aberdeen DR, Austin TX 78745, with an adjusted value of $259,851; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group