7408 Mitra DR, Austin TX 78739

The estimated value of this property is $1,001,252, based on 5 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $971,000 and $1,031,000. With 3 comparable homes on the market in MERIDIAN SEC, this price positions the property as the most affordable of 3 comparable homes on the market. The smaller floor plan (147 sqft compared to the average comp) is a meaningful differentiator in this price range. With 3 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 3.5% since 6 months ago. The most comparable recent sale is 6617 Mitra DR, Austin TX 78739, with an adjusted value of $1,189,916; with a larger floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group