7324 Mitra DR, Austin TX 78739

My analysis of 7 comparable properties puts this home's estimated value at $962,115. Based on how the local market is moving, a list price between $1,521,000 and $1,712,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in MERIDIAN SEC's current inventory. At 238 sqft smaller than the typical comp, the size difference factors into the valuation. With 7 similar homes currently listed in MERIDIAN SEC (a seller's market), competition is a factor to consider. The 6 month price trend in MERIDIAN SEC: risen 20.5%. The best comp here is 7700 Mitra DR, Austin TX 78739 at an adjusted value of $959,894, with a smaller floor plan. With 7 comparable sales in MERIDIAN SEC, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group