357 Meadowlakes DR, Meadowlakes TX 78654

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $576,060. I'd recommend coming to market at $463,000 to $473,000 to strike the right balance between value and market velocity. Against 7 similar active listings in MEADOWLAKES, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 167 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1982, this home is 10 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in MEADOWLAKES (a buyer's market), competition is a factor to consider. The trend in MEADOWLAKES shows prices have fallen 17.4% in the past 6 months. 270 Turkey Run, Meadowlakes TX 78654 nearby adjusts to $574,543; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group