117 Marion ST, Meadowlakes TX 78654

The market data from 3 similar recent sales in MEADOWLAKES points to a value of approximately $305,604. To sell within a reasonable timeframe at fair market value, the $393,000 to $397,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in MEADOWLAKES. The 118 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 7 comparable homes in MEADOWLAKES; a buyer's market based on recent absorption. In MEADOWLAKES, home values have fallen approximately 17.7% over the past 6 months. One of the strongest data points is 52 Augusta DR, Meadowlakes TX 78654, adjusting to $283,811; with a larger floor plan. 3 comparable transactions in MEADOWLAKES 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