120 Broadmoor ST, Meadowlakes TX 78654

Reviewing the most recent comparable transactions, this home's market value falls around $448,751. For a well positioned listing in MEADOWLAKES, I'd target the $509,000 to $531,000 range. At this price, the property would be the 2nd least expensive of 6 comparable homes on the market comparable homes currently on the market in MEADOWLAKES. Being 122 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.29 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in MEADOWLAKES; a buyer's market based on recent absorption. Recent trends in MEADOWLAKES show home values have fallen 17.7% since 6 months ago. The most comparable recent sale is 250 Meadowlakes DR, Meadowlakes TX 78654, with an adjusted value of $508,600; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group