Reviewing the most recent comparable transactions, this home's market value falls around $683,388. For a well positioned listing in MEADOWLAWN, I'd target the $436,000 to $446,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in MEADOWLAWN. At 0.26 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. With 7 similar homes currently listed in MEADOWLAWN (a buyer's market), competition is a factor to consider. Recent trends in 78757 show home values have risen 13.1% since 6 months ago. The most comparable recent sale is 1911 Barbara ST, Austin TX 78757, with an adjusted value of $539,126; a strong comparable. 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