7101 Mitra DR, Austin TX 78739

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,092,479. To generate strong buyer interest while maximizing value, I'd price this between $1,583,000 and $1,778,000. In the current MERIDIAN market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. At 0.38 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. With 6 similar homes currently listed in MERIDIAN (a balanced market), competition is a factor to consider. The trend in 78739 shows prices have risen 5.7% in the past 6 months. 6617 Mitra DR, Austin TX 78739 nearby adjusts to $1,314,440; with a larger 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