11721 Cherisse DR, Austin TX 78739

Based on 3 closed sales in MERIDIAN SEC, the data points to a value around $557,357 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $596,000 to $613,000. This home's position in the current MERIDIAN SEC market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The 234 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.15 acres versus 0.19 for the typical comp. Current inventory shows 3 comparable homes in MERIDIAN SEC; a balanced market based on recent absorption. Market data shows MERIDIAN SEC prices risen 37% over the last half year. The closest comparable sale, 11036 Cherisse DR, Austin TX 78739 at an adjusted $546,469, is with a larger floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus