9100 Mountain Ridge DR # 5B, Austin TX 78759

The market data from 7 similar recent sales in MEADOW points to a value of approximately $335,745. To sell within a reasonable timeframe at fair market value, the $235,000 to $245,000 range is where I'd position this. Against 7 similar active listings in MEADOW, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 0.37 acres, the lot is larger than the 0.10 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in MEADOW; a balanced market based on recent absorption. In 78759, home values have risen approximately 5.3% over the past 6 months. One of the strongest data points is 4159 Steck Ave # 238, Austin TX 78759, adjusting to $319,220; 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