12213 Alcanza DR, Austin TX 78739

My analysis of 7 comparable properties puts this home's estimated value at $1,100,187. Based on how the local market is moving, a list price between $1,095,000 and $1,129,000 would position this home well. This would position the home competitively among 5 active listings in MERIDIAN SEC. Being 445 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.32 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 5 comparable homes in MERIDIAN SEC; a balanced market based on recent absorption. The 6 month price trend in MERIDIAN SEC: risen 20.5%. The best comp here is 7220 Mitra DR, Austin TX 78739 at an adjusted value of $1,061,633, with a smaller floor plan and a pool. The comp data here (7 sales in MERIDIAN SEC) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus