The market data from 4 similar recent sales in MORNINGSIDE MEADOWS points to a value of approximately $496,105. To sell within a reasonable timeframe at fair market value, the $485,000 to $499,000 range is where I'd position this. Among the similar homes currently available in MORNINGSIDE MEADOWS, this price point stands out as competitive. At 0.39 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in MORNINGSIDE MEADOWS, listed between $425,000 and $438,000. In MORNINGSIDE MEADOWS, home values have risen approximately 2.4% over the past 6 months. One of the strongest data points is 3611 Winding WAY, Round Rock TX 78664, adjusting to $514,181; a strong comparable. 4 comparable transactions in MORNINGSIDE MEADOWS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group