12100 Cherisse DR, Austin TX 78739

Reviewing the most recent comparable transactions, this home's market value falls around $842,513. For a well positioned listing in MERIDIAN SEC, I'd target the $826,000 to $859,000 range. With 4 comparable homes on the market in MERIDIAN SEC, this price positions the property as the most affordable of 4 comparable homes on the market. The larger floor plan (718 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 4 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 9.4% since 6 months ago. The most comparable recent sale is 8024 Alophia DR, Austin TX 78739, with an adjusted value of $751,950; with a smaller floor plan. 7 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