After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $342,406. Pricing this home between $332,000 and $353,000 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. The smaller floor plan (138 sqft compared to the average comp) is a meaningful differentiator in this price range. At 11 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 $414,999 and $415,000. Market data shows 78724 prices risen 5% over the last half year. The closest comparable sale, 7412 Daves Landing DR, Austin TX 78724 at an adjusted $353,355, is with a larger floor plan. The comp data here (4 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
