My analysis of 7 comparable properties puts this home's estimated value at $296,694. Based on how the local market is moving, a list price between $288,000 and $306,000 would position this home well. Relative to what's currently available in MEADOW LAKE REV, this home would be the 2nd least expensive of 4 comparable homes on the market. The active market in MEADOW LAKE REV includes 4 comparable homes priced from $280,000 to $339,000. The 6 month price trend in MEADOW LAKE REV: risen 17.1%. The best comp here is 3408 Perch TRL, Round Rock TX 78665 at an adjusted value of $260,000, a strong comparable. With 7 comparable sales in MEADOW LAKE REV, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group