12029 Pepperidge DR, Austin TX 78739

Based on 4 closed sales in MERIDIAN SEC, the data points to a value around $675,522 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,173,000 to $1,224,000. Buyers shopping in MERIDIAN SEC right now would see this as a well positioned option among 5 comparable homes. This home's smaller footprint (171 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 5 comparable homes in MERIDIAN SEC; a balanced market based on recent absorption. Market data shows MERIDIAN SEC prices risen 20.5% over the last half year. The closest comparable sale, 11129 Cherisse DR, Austin TX 78739 at an adjusted $747,441, is a strong comparable. This estimate draws on 4 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