Taking into account 5 nearby comparable sales, this property's estimated value comes to $277,992. If we were to list this property today, I'd recommend a list price in the $270,000 to $286,000 range. This pricing would rank the home as the most affordable of 3 comparable homes on the market in MEADOWS CROSSING1's current inventory. Being built in 2006 (6 years older than comps) is factored into the value estimate. With 3 similar homes currently listed in MEADOWS CROSSING1 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78724: risen 4.4%. The best comp here is 5813 Berryline WAY, Austin TX 78724 at an adjusted value of $232,949, a strong comparable. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus