5617 Signal PT, Austin TX 78724

After reviewing 7 recent transactions in MEADOWS CROSSING PH, I estimate this property's value at $379,050. A competitive list price for this home right now would fall in the $212,000 to $222,000 range. This would position the home competitively among 7 active listings in MEADOWS CROSSING PH. This home's smaller footprint (933 sqft vs the comp average) plays a role in how the market prices it. At 6 years older than typical comps, the 2003 build date influences the valuation. Current inventory shows 7 comparable homes in MEADOWS CROSSING PH; a buyer's market based on recent absorption. Prices in MEADOWS CROSSING PH have risen 1.6% over the last 6 months. A similar home at 8824 Southwick DR, Austin TX 78724 carries an adjusted comparable value of $262,667, providing a strong data point. With 7 comparable sales in MEADOWS CROSSING PH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group