283 Meadowlakes DR, Meadowlakes TX 78654

The market data from 6 similar recent sales in MEADOWLAKES points to a value of approximately $506,584. To sell within a reasonable timeframe at fair market value, the $530,000 to $573,000 range is where I'd position this. With 4 comparable homes on the market in MEADOWLAKES, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 149 sqft larger than the typical comp, the size difference factors into the valuation. Right now, 4 similar properties are competing for buyers in MEADOWLAKES, listed between $469,000 and $589,000. In MEADOWLAKES, home values have fallen approximately 17.7% over the past 6 months. One of the strongest data points is 401 Olympia Fields ST, Meadowlakes TX 78654, adjusting to $448,731; a strong comparable. The 6 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