7302 Meadow Lake BLVD, Austin TX 78744

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $302,468. I'd recommend coming to market at $293,000 to $312,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in SILVERSTONE, this price positions the property as the most expensive of 3 comparable homes on the market. Built in 1982, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.22 acre lot (larger than the 0.17 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in SILVERSTONE; a buyer's market based on recent absorption. The trend in SILVERSTONE shows prices have fallen 9.6% in the past 6 months. 2403 Lendall LN, Austin TX 78744 nearby adjusts to $320,754; a strong comparable. Based on 5 relevant data points in SILVERSTONE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX