402 Meadowlakes DR, Meadowlakes TX 78654

My analysis of 7 comparable properties puts this home's estimated value at $450,545. Based on how the local market is moving, a list price between $575,000 and $600,000 would position this home well. This home's position in the current MEADOWLAKES market: the most affordable of 7 comparable homes on the market among comparable properties. At 12 years older than typical comps, the 1989 build date influences the valuation. The smaller lot (0.12 acres versus the area average of 0.23) contributes to the valuation. There are currently 7 similar homes on the market in MEADOWLAKES, ranging from $485,000 to $699,000. The 6 month price trend in MEADOWLAKES: fallen 17.7%. The best comp here is 440 Saint Andrews ST, Meadowlakes TX 78654 at an adjusted value of $407,678, a strong comparable. 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