The estimated value of this property is $358,897, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $285,000 and $295,000. With 7 comparable homes on the market in HIGH MEADOWS, this price positions the property as the most expensive of 7 comparable homes on the market. The 261 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.75 acre lot (larger than the 0.65 acre average) is reflected in the estimate. With 7 similar homes currently listed in HIGH MEADOWS (a buyer's market), competition is a factor to consider. Recent trends in HIGH MEADOWS show home values have risen 2% since 6 months ago. The most comparable recent sale is 7065 Wheatfield WAY, Kyle TX 78640, with an adjusted value of $381,656; with a larger floor plan. Based on 3 relevant data points in HIGH MEADOWS, 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