12216 Aralia Ridge DR, Austin TX 78739

Based on 5 closed sales in MERIDIAN SEC A2 & B2, the data points to a value around $713,746 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $692,000 to $735,000. This pricing would rank the home as the most affordable of 3 comparable homes on the market in MERIDIAN SEC A2 & B2's current inventory. At 144 sqft smaller than the typical comp, the size difference factors into the valuation. There are currently 3 similar homes on the market in MERIDIAN SEC A2 & B2, ranging from $749,949 to $825,000. Market data shows 78739 prices risen 5.9% over the last half year. The closest comparable sale, 11120 Cherisse DR, Austin TX 78739 at an adjusted $735,107, is with a larger floor plan. This estimate draws on 5 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