12200 Pratolina DR, Austin TX 78739

The market data from 7 similar recent sales in MERIDIAN SEC points to a value of approximately $1,798,430. To sell within a reasonable timeframe at fair market value, the $2,160,000 to $2,250,000 range is where I'd position this. In the current MERIDIAN SEC market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. The larger floor plan (145 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 1 of 7 comparable sales didn't include one. With 6 similar homes currently listed in MERIDIAN SEC (a seller's market), competition is a factor to consider. In MERIDIAN SEC, home values have fallen approximately 8.8% over the past 6 months. One of the strongest data points is 7220 Mitra DR, Austin TX 78739, adjusting to $1,245,306; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group