301 Stewart ST, Meadowlakes TX 78654

The market data from 6 similar recent sales in MEADOWLAKES points to a value of approximately $464,132. To sell within a reasonable timeframe at fair market value, the $389,000 to $399,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in MEADOWLAKES. At 415 sqft larger than the typical comp, the size difference factors into the valuation. The 1983 construction puts this home 6 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in MEADOWLAKES, creating a buyer's market for this price range. In MEADOWLAKES, home values have fallen approximately 17.4% over the past 6 months. One of the strongest data points is 250 Meadowlakes DR, Meadowlakes TX 78654, adjusting to $507,942; with a smaller floor plan. 6 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