122 Broadmoor ST, Meadowlakes TX 78654

The market data from 5 similar recent sales in MEADOWLAKES points to a value of approximately $436,431. To sell within a reasonable timeframe at fair market value, the $503,000 to $534,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in MEADOWLAKES. Being 114 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 5 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 250 Meadowlakes DR, Meadowlakes TX 78654, adjusting to $503,211; with a smaller floor plan. The 5 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