12416 Alcanza, Austin TX 78739

Reviewing the most recent comparable transactions, this home's market value falls around $781,466. For a well positioned listing in MERIDIAN SEC, I'd target the $815,000 to $828,000 range. Against 5 similar active listings in MERIDIAN SEC, this price point lands at the 2nd most expensive of 5 comparable homes on the market. At 0.30 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. With 5 similar homes currently listed in MERIDIAN SEC (a balanced market), competition is a factor to consider. Recent trends in MERIDIAN SEC show home values have risen 12.8% since 6 months ago. The most comparable recent sale is 12304 Buvana DR, Austin TX 78739, with an adjusted value of $770,688; with a larger floor plan. The 4 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