338 Olympia Fields ST, Meadowlakes TX 78654

The market data from 5 similar recent sales in MEADOWLAKES points to a value of approximately $356,989. To sell within a reasonable timeframe at fair market value, the $406,000 to $407,000 range is where I'd position this. Against 5 similar active listings in MEADOWLAKES, this price point lands at the most affordable of 5 comparable homes on the market. The 1992 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. The active market in MEADOWLAKES includes 5 comparable homes priced from $389,000 to $465,000. In MEADOWLAKES, home values have fallen approximately 7% over the past 6 months. One of the strongest data points is 21 Augusta DR, Marble Falls TX 78654, adjusting to $334,965; a strong comparable. The 5 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