213 Meadow DR, Marion TX 78124

The market data from 7 similar recent sales in 78124 points to a value of approximately $485,032. To sell within a reasonable timeframe at fair market value, the $475,000 to $495,000 range is where I'd position this. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in 78124. At 763 sqft larger than the typical comp, the size difference factors into the valuation. The 2006 construction puts this home 6 years older than the comp average, a factor in the pricing. With 2 similar homes currently listed in 78124 (a buyer's market), competition is a factor to consider. In 78124, home values have risen approximately 79.8% over the past 6 months. One of the strongest data points is 171 Lost Maples WAY, Marion TX 78124, adjusting to $341,014; with a smaller floor plan. 7 comparable transactions in 78124 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