5920 Signal PT, Austin TX 78724

The market data from 3 similar recent sales in MEADOWS CROSSING1 points to a value of approximately $292,277. To sell within a reasonable timeframe at fair market value, the $284,000 to $301,000 range is where I'd position this. With 1 comparable homes on the market in MEADOWS CROSSING1, this price positions the property as below the only comparable home currently on the market. At 218 sqft smaller than the typical comp, the size difference factors into the valuation. The 1980 construction puts this home 31 years older than the comp average, a factor in the pricing. Right now, 1 similar properties are competing for buyers in MEADOWS CROSSING1, listed between $470,000 and $470,000. In 78724, home values have risen approximately 6.4% over the past 6 months. One of the strongest data points is 5740 Alsace TRL, Austin TX 78724, adjusting to $281,960; with a smaller floor plan. The 3 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