12500 Alcanza DR, Austin TX 78739

After reviewing 7 recent transactions in MERIDIAN SEC, I estimate this property's value at $935,000. A competitive list price for this home right now would fall in the $1,073,000 to $1,554,000 range. This pricing would rank the home as the most affordable of 3 comparable homes on the market in MERIDIAN SEC's current inventory. Having a pool is a plus; 5 of the 7 comps lacked one. The larger lot (0.30 acres versus the area average of 0.27) contributes to the valuation. With 3 similar homes currently listed in MERIDIAN SEC (a seller's market), competition is a factor to consider. Prices in MERIDIAN SEC have fallen 8.8% over the last 6 months. A similar home at 8025 Levata DR, Austin TX 78739 carries an adjusted comparable value of $913,500, providing a strong data point. 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