After reviewing 7 recent transactions in MEADOWS CROSSING PH, I estimate this property's value at $420,094. A competitive list price for this home right now would fall in the $463,000 to $470,000 range. This home's position in the current MEADOWS CROSSING PH market: the most affordable of 2 comparable homes on the market among comparable properties. Being 264 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.11 acres versus the area average of 0.17) contributes to the valuation. 2 similar homes are currently available in MEADOWS CROSSING PH, creating a buyer's market for this price range. Prices in MEADOWS CROSSING PH have fallen 23.6% over the last 6 months. A similar home at 6013 Perlita DR, Austin TX 78724 carries an adjusted comparable value of $356,897, providing a strong data point. The comp data here (7 sales in MEADOWS CROSSING PH) 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