583 Lippe LN, Niederwald TX 78640

Based on 5 closed sales in PRAIRIE MEADOWS, the data points to a value around $291,736 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $256,000 to $284,000. Relative to what's currently available in PRAIRIE MEADOWS, this home would be the most expensive of 7 comparable homes on the market. Being 210 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.76 acres versus 0.88 for the typical comp. 7 similar homes are currently available in PRAIRIE MEADOWS, creating a buyer's market for this price range. Market data shows 78640 prices fallen 6.8% over the last half year. The closest comparable sale, 371 Lippe LN, Niederwald TX 78640 at an adjusted $291,459, is with a larger floor plan. The strength of this estimate comes from 5 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