12313 Terranova CV, Austin TX 78739

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $920,361. Pricing this home between $1,045,000 and $1,941,000 would put it in the competitive sweet spot for MERIDIAN SEC. This would position the home competitively among 6 active listings in MERIDIAN SEC. At 243 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.30 acres versus the area average of 0.26) contributes to the valuation. Current inventory shows 6 comparable homes in MERIDIAN SEC; a balanced market based on recent absorption. Market data shows MERIDIAN SEC prices risen 31.5% over the last half year. The closest comparable sale, 12304 Buvana DR, Austin TX 78739 at an adjusted $865,392, is with a smaller floor plan. With 7 comparable sales in MERIDIAN SEC, 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