7713 Mitra DR, Austin TX 78739

Based on 6 closed sales in MERIDIAN, the data points to a value around $1,049,666 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,166,000 to $2,261,000. This pricing would rank the home as the most affordable of 5 comparable homes on the market in MERIDIAN's current inventory. At 368 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.30 acres versus 0.23 for the typical comp. Right now, 5 similar properties are competing for buyers in MERIDIAN, listed between $1,725,000 and $4,050,000. Market data shows 78739 prices risen 5.7% over the last half year. The closest comparable sale, 7416 Mitra DR, Austin TX 78739 at an adjusted $1,075,349, is with a pool. The strength of this estimate comes from 6 directly comparable sales in MERIDIAN. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group