My analysis of 7 comparable properties puts this home's estimated value at $328,054. Based on how the local market is moving, a list price between $231,000 and $241,000 would position this home well. This would position the home competitively among 7 active listings in MEADOWS CROSSING1. The smaller floor plan (684 sqft compared to the average comp) is a meaningful differentiator in this price range. At 7 years older than typical comps, the 2003 build date influences the valuation. Right now, 7 similar properties are competing for buyers in MEADOWS CROSSING1, listed between $225,000 and $325,000. The 6 month price trend in 78724: risen 5.5%. The best comp here is 5740 Alsace TRL, Austin TX 78724 at an adjusted value of $273,244, a strong comparable. With 7 comparable sales in MEADOWS CROSSING1, 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