After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $478,399. Pricing this home between $395,000 and $405,000 would put it in the competitive sweet spot for MORNINGSIDE MEADOWS. Relative to what's currently available in MORNINGSIDE MEADOWS, this home would be the most expensive of 3 comparable homes on the market. The larger lot (0.36 acres versus the area average of 0.28) contributes to the valuation. 3 similar homes are currently available in MORNINGSIDE MEADOWS, creating a seller's market for this price range. Market data shows MORNINGSIDE MEADOWS prices risen 1.2% over the last half year. The closest comparable sale, 3611 Winding WAY, Round Rock TX 78664 at an adjusted $505,980, is a strong comparable. With 6 comparable sales in MORNINGSIDE MEADOWS, 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