401 Meadowlakes DR, Meadowlakes TX 78654

After reviewing 7 recent transactions in MEADOWLAKES, I estimate this property's value at $626,776. A competitive list price for this home right now would fall in the $650,000 to $703,000 range. This would position the home competitively among 3 active listings in MEADOWLAKES. This home's larger footprint (248 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.47 acres versus the area average of 0.36) contributes to the valuation. There are currently 3 similar homes on the market in MEADOWLAKES, ranging from $625,000 to $719,000. Prices in MEADOWLAKES have fallen 17.7% over the last 6 months. A similar home at 322 Meadowlakes DR, Meadowlakes TX 78654 carries an adjusted comparable value of $630,406, providing a strong data point. The comp data here (7 sales in MEADOWLAKES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus