798 Lippe LN, Niederwald TX 78640

After reviewing 7 recent transactions in PRAIRIE MEADOWS, I estimate this property's value at $336,718. A competitive list price for this home right now would fall in the $237,000 to $247,000 range. This pricing would rank the home as the most expensive of 7 comparable homes on the market in PRAIRIE MEADOWS's current inventory. The larger lot (1.74 acres versus the area average of 0.41) contributes to the valuation. Current inventory shows 7 comparable homes in PRAIRIE MEADOWS; a buyer's market based on recent absorption. Prices in 78640 have fallen 4.6% over the last 6 months. A similar home at 371 Lippe LN, Niederwald TX 78640 carries an adjusted comparable value of $364,149, providing a strong data point. The comp data here (7 sales in PRAIRIE MEADOWS) 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