302 Lippe LN, Niederwald TX 78640

The comparable sales data (7 recent transactions in PRAIRIE MEADOWS) supports an estimated value of $282,287. The data suggests a list price between $232,000 and $242,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in PRAIRIE MEADOWS, this home would be the most expensive of 6 comparable homes on the market. At 177 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 1.00 acres versus 0.67 for the typical comp. Current inventory shows 6 comparable homes in PRAIRIE MEADOWS; a buyer's market based on recent absorption. Prices in 78640 have fallen 1.6% over the last 6 months. A similar home at 1092 Engelke RD, Niederwald TX 78640 carries an adjusted comparable value of $309,459, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in PRAIRIE MEADOWS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group