7425 Thannas WAY, Austin TX 78744

The market data from 7 similar recent sales in MEADOW LAKE points to a value of approximately $290,037. To sell within a reasonable timeframe at fair market value, the $339,000 to $341,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in MEADOW LAKE. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. The 2005 construction puts this home 16 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in MEADOW LAKE (a buyer's market), competition is a factor to consider. In MEADOW LAKE, home values have risen approximately 7.4% over the past 6 months. One of the strongest data points is 2503 Magin Meadow DR, Austin TX 78744, adjusting to $295,714; with no pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group