12404 Alcanza DR, Austin TX 78739

Based on 6 closed sales in MERIDIAN SEC, the data points to a value around $1,036,216 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,114,000 to $2,305,000. Buyers shopping in MERIDIAN SEC right now would see this as a well positioned option among 7 comparable homes. The larger floor plan (469 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.30 acres versus 0.22 for the typical comp. Current inventory shows 7 comparable homes in MERIDIAN SEC; a balanced market based on recent absorption. Market data shows MERIDIAN SEC prices risen 33% over the last half year. The closest comparable sale, 12300 Buvana DR, Austin TX 78739 at an adjusted $1,019,833, is with a smaller floor plan. The strength of this estimate comes from 6 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