7316 Purnima CV, Austin TX 78739

After reviewing 7 recent transactions in MERIDIAN, I estimate this property's value at $1,105,805. A competitive list price for this home right now would fall in the $1,065,000 to $1,067,000 range. Relative to what's currently available in MERIDIAN, this home would be the most expensive of 3 comparable homes on the market. The larger lot (0.29 acres versus the area average of 0.24) contributes to the valuation. Right now, 3 similar properties are competing for buyers in MERIDIAN, listed between $949,000 and $985,000. Prices in 78739 have risen 6.5% over the last 6 months. A similar home at 6617 Mitra DR, Austin TX 78739 carries an adjusted comparable value of $1,285,230, providing a strong data point. The comp data here (7 sales in MERIDIAN) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus