11432 Cherisse DR, Austin TX 78739

Reviewing the most recent comparable transactions, this home's market value falls around $584,444. For a well positioned listing in MERIDIAN SEC, I'd target the $573,000 to $596,000 range. With 6 comparable homes on the market in MERIDIAN SEC, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. The smaller floor plan (232 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.15 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. With 6 similar homes currently listed in MERIDIAN SEC (a seller's market), competition is a factor to consider. Recent trends in MERIDIAN SEC show home values have fallen 10.9% since 6 months ago. The most comparable recent sale is 8505 Alophia DR, Austin TX 78739, with an adjusted value of $547,743; with a larger floor plan. 4 comparable transactions in MERIDIAN SEC 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