5 Augusta DR, Meadowlakes TX 78654

The market data from 7 similar recent sales in MEADOWLAKES points to a value of approximately $336,613. To sell within a reasonable timeframe at fair market value, the $405,000 to $413,000 range is where I'd position this. In the current MEADOWLAKES market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 1976 construction puts this home 22 years older than the comp average, a factor in the pricing. At 0.09 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. The active market in MEADOWLAKES includes 7 comparable homes priced from $311,500 to $549,900. In MEADOWLAKES, home values have fallen approximately 12.5% over the past 6 months. One of the strongest data points is 210 Meadowlakes DR, Meadowlakes TX 78654, adjusting to $373,030; 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