7216 Mitra DR, Austin TX 78739

The estimated value of this property is $866,721, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $931,000 and $954,000. Against 5 similar active listings in MERIDIAN SEC, this price point lands at the most affordable of 5 comparable homes on the market. At 105 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 7 of 7 comparable homes not offering one. With 5 similar homes currently listed in MERIDIAN SEC (a seller's market), competition is a factor to consider. Recent trends in MERIDIAN SEC show home values have risen 20.5% since 6 months ago. The most comparable recent sale is 7700 Mitra DR, Austin TX 78739, with an adjusted value of $954,414; with no pool. Based on 7 relevant data points in MERIDIAN SEC, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX