342 Lippe LN, Niederwald TX 78640

The estimated value of this property is $294,630, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $305,000 and $318,000. In the current PRAIRIE MEADOWS market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. Built in 2019, this home is 8 years newer than the average comp, which is reflected in the adjustments. The 1.00 acre lot (larger than the 0.16 acre average) is reflected in the estimate. Buyers in PRAIRIE MEADOWS have 2 comparable options right now, with asking prices between $299,900 and $324,900. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 272 Feathergrass DR, Buda TX 78610, with an adjusted value of $323,176; a strong comparable. With 7 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