Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $372,575. I'd recommend coming to market at $315,000 to $325,000 to strike the right balance between value and market velocity. In the current MEADOWS BLACKHAWK market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 0.26 acre lot (larger than the 0.21 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in MEADOWS BLACKHAWK; a buyer's market based on recent absorption. The trend in MEADOWS BLACKHAWK shows prices have risen 2.3% in the past 6 months. 20028 Hallbrook LN, Pflugerville TX 78660 nearby adjusts to $373,856; a strong comparable. Based on 4 relevant data points in MEADOWS BLACKHAWK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
