7316 Mitra DR, Austin TX 78739

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,105,675. To generate strong buyer interest while maximizing value, I'd price this between $1,173,000 and $1,553,000. Against 6 similar active listings in MERIDIAN SEC, this price point lands at the 3rd least expensive of 6 comparable homes on the market. The larger floor plan (129 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.33 acre comp average, which factors into pricing. With 6 similar homes currently listed in MERIDIAN SEC (a seller's market), competition is a factor to consider. The trend in MERIDIAN SEC shows prices have risen 20.5% in the past 6 months. 6617 Mitra DR, Austin TX 78739 nearby adjusts to $1,173,049; with a smaller floor plan. 7 comparable transactions in MERIDIAN SEC support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group