After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $383,505. Pricing this home between $400,000 and $413,000 would put it in the competitive sweet spot for MEADOWS CROSSING1. This home's position in the current MEADOWS CROSSING1 market: the most affordable of 3 comparable homes on the market among comparable properties. At 10 years older than typical comps, the 2006 build date influences the valuation. Right now, 3 similar properties are competing for buyers in MEADOWS CROSSING1, listed between $435,000 and $449,000. Market data shows 78724 prices fallen 1.9% over the last half year. The closest comparable sale, 7305 Annette CV, Austin TX 78724 at an adjusted $439,417, is a strong comparable. The comp data here (6 sales in MEADOWS CROSSING1) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus