114 Preston TRL, Meadowlakes TX 78654

The estimated value of this property is $979,050, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $732,000 and $742,000. In the current MEADOWLAKES market with 1 similar homes available, this price represents below the only comparable home currently on the market. The larger floor plan (354 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 1 comparable homes in MEADOWLAKES; a buyer's market based on recent absorption. Recent trends in MEADOWLAKES show home values have fallen 10.2% since 6 months ago. The most comparable recent sale is 322 Meadowlakes DR, Meadowlakes TX 78654, with an adjusted value of $758,994; with a smaller floor plan. Based on 3 relevant data points in MEADOWLAKES, 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