6200 Melody LN, Austin TX 78724

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $282,323. Pricing this home between $316,000 and $321,000 would put it in the competitive sweet spot for KENNEDY RIDGE ESTATES. This home's position in the current KENNEDY RIDGE ESTATES market: the most affordable of 7 comparable homes on the market among comparable properties. At 28 years older than typical comps, the 1988 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. There are currently 7 similar homes on the market in KENNEDY RIDGE ESTATES, ranging from $279,000 to $385,000. Market data shows 78724 prices risen 5.5% over the last half year. The closest comparable sale, 4700 Castleman DR, Austin TX 78725 at an adjusted $276,560, is with a smaller floor plan. The comp data here (7 sales in KENNEDY RIDGE ESTATES) 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