307 Limestone ST, Meadowlakes TX 78654

The market data from 6 similar recent sales in MEADOWLAKES points to a value of approximately $495,644. To sell within a reasonable timeframe at fair market value, the $544,000 to $579,000 range is where I'd position this. With 7 comparable homes on the market in MEADOWLAKES, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 357 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in MEADOWLAKES; a buyer's market based on recent absorption. In MEADOWLAKES, home values have fallen approximately 14.6% over the past 6 months. One of the strongest data points is 417 Wichita ST, Meadowlakes TX 78654, adjusting to $486,372; 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