9201 Meadowheath DR, Austin TX 78729

The estimated value of this property is $491,303, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $330,000 and $340,000. In the current FOREST NORTH ESTATES market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (103 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.39 acre lot (larger than the 0.36 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in FOREST NORTH ESTATES; a seller's market based on recent absorption. Recent trends in FOREST NORTH ESTATES show home values have fallen 10.4% since 6 months ago. The most comparable recent sale is 13215 Woodthorpe ST, Austin TX 78729, with an adjusted value of $446,260; a strong comparable. Based on 7 relevant data points in FOREST NORTH ESTATES, 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