12300 PRATOLINA DR, Austin TX 78739

Reviewing the most recent comparable transactions, this home's market value falls around $936,656. For a well positioned listing in MERIDIAN SEC, I'd target the $909,000 to $965,000 range. In the current MERIDIAN SEC market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 208 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.42 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in MERIDIAN SEC; a seller's market based on recent absorption. Recent trends in MERIDIAN SEC show home values have fallen 31% since 6 months ago. The most comparable recent sale is 12304 Buvana DR, Austin TX 78739, with an adjusted value of $914,078; with a smaller floor plan. The 5 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