206 Meadowlakes DR, Meadowlakes TX 78654

Based on 7 closed sales in MEADOWLAKES, the data points to a value around $431,087 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $507,000 to $516,000. This home's position in the current MEADOWLAKES market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. The larger floor plan (214 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1983 (12 years older than comps) is factored into the value estimate. With 5 similar homes currently listed in MEADOWLAKES (a buyer's market), competition is a factor to consider. Market data shows MEADOWLAKES prices fallen 17.7% over the last half year. The closest comparable sale, 126 Broadmoor ST, Meadowlakes TX 78654 at an adjusted $410,248, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus