6600 Candle Ridge CV, Austin TX 78731

Based on 3 closed sales in MEADOW MOUNTAIN, the data points to a value around $1,058,260 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,098,000 to $1,224,000. Relative to what's currently available in MEADOW MOUNTAIN, this home would be the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (290 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in MEADOW MOUNTAIN; a balanced market based on recent absorption. Market data shows 78731 prices risen 6.5% over the last half year. The closest comparable sale, 6616 Candle Ridge CV, Austin TX 78731 at an adjusted $951,155, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in MEADOW MOUNTAIN. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group