5247 Meadow Creek DR, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $400,520. For a well positioned listing in EMERALD FOREST, I'd target the $467,000 to $491,000 range. In the current EMERALD FOREST market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. At 0.23 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in EMERALD FOREST; a buyer's market based on recent absorption. Recent trends in EMERALD FOREST show home values have fallen 48.5% since 6 months ago. The most comparable recent sale is 811 Glen Oak DR, Austin TX 78745, with an adjusted value of $227,785; 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