12312 Buvana DR, Austin TX 78739

Based on 3 closed sales in MERIDIAN SEC, the data points to a value around $1,231,803 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,195,000 to $1,269,000. This would position the home competitively among 5 active listings in MERIDIAN SEC. At 976 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.28 acres versus 0.22 for the typical comp. With 5 similar homes currently listed in MERIDIAN SEC (a balanced market), competition is a factor to consider. Market data shows MERIDIAN SEC prices risen 34.1% over the last half year. The closest comparable sale, 6617 Mitra DR, Austin TX 78739 at an adjusted $1,457,156, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in MERIDIAN SEC. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group