5741 Signal PT, Austin TX 78724

The estimated value of this property is $248,001, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $286,000 and $289,000. Against 3 similar active listings in MEADOWS CROSSING1, this price point lands at the most affordable of 3 comparable homes on the market. At 613 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2004, this home is 5 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in MEADOWS CROSSING1 (a buyer's market), competition is a factor to consider. Recent trends in 78724 show home values have risen 6% since 6 months ago. The most comparable recent sale is 5740 Alsace TRL, Austin TX 78724, with an adjusted value of $229,206; with a larger floor plan. Based on 7 relevant data points in MEADOWS CROSSING1, 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