413 S Meadowlark ST # B, Lakeway TX 78734

The market data from 7 similar recent sales in CARDINAL HILLS CONDO AM points to a value of approximately $605,242. To sell within a reasonable timeframe at fair market value, the $423,000 to $433,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in CARDINAL HILLS CONDO AM. This home's larger footprint (212 sqft vs the comp average) plays a role in how the market prices it. At 0.14 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. With 3 similar homes currently listed in CARDINAL HILLS CONDO AM (a buyer's market), competition is a factor to consider. In 78734, home values have fallen approximately 1.5% over the past 6 months. One of the strongest data points is 234 Sunrise Ridge CV # 1901, Austin TX 78738, adjusting to $539,238; a strong comparable. 7 comparable transactions in CARDINAL HILLS CONDO AM support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group