6716 Mitra DR, Austin TX 78739

Reviewing the most recent comparable transactions, this home's market value falls around $993,899. For a well positioned listing in MERIDIAN SEC, I'd target the $1,012,000 to $1,025,000 range. In the current MERIDIAN SEC market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 0.35 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. 7 similar homes are currently available in MERIDIAN SEC, creating a seller's market for this price range. Recent trends in MERIDIAN SEC show home values have risen 20.5% since 6 months ago. The most comparable recent sale is 12304 Buvana DR, Austin TX 78739, with an adjusted value of $927,350; with a smaller floor plan. The 7 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