12313 Aralia Ridge DR, Austin TX 78739

After reviewing 3 recent transactions in MERIDIAN SEC A2 & B2, I estimate this property's value at $713,883. A competitive list price for this home right now would fall in the $621,000 to $631,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in MERIDIAN SEC A2 & B2's current inventory. The larger lot (0.20 acres versus the area average of 0.17) contributes to the valuation. The active market in MERIDIAN SEC A2 & B2 includes 3 comparable homes priced from $656,000 to $709,900. Prices in 78739 have risen 8.1% over the last 6 months. A similar home at 11129 Cherisse DR, Austin TX 78739 carries an adjusted comparable value of $767,507, providing a strong data point. With 3 comparable sales in MERIDIAN SEC A2 & B2, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group