312 Mahan ST, Meadowlakes TX 78654

The market data from 7 similar recent sales in MEADOWLAKES points to a value of approximately $546,973. To sell within a reasonable timeframe at fair market value, the $610,000 to $621,000 range is where I'd position this. Among the similar homes currently available in MEADOWLAKES, this price point stands out as competitive. At 128 sqft larger than the typical comp, the size difference factors into the valuation. The 1979 construction puts this home 22 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 17.7% over the past 6 months. One of the strongest data points is 440 Saint Andrews ST, Meadowlakes TX 78654, adjusting to $472,663; a strong comparable. 7 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