7816 Alophia DR, Austin TX 78739

The market data from 4 similar recent sales in MERIDIAN SEC points to a value of approximately $650,360. To sell within a reasonable timeframe at fair market value, the $707,000 to $716,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 6 comparable homes on the market comparable homes currently on the market in MERIDIAN SEC. Being 144 sqft larger than the average comparable sale in this area impacts the per square foot value. With 6 similar homes currently listed in MERIDIAN SEC (a balanced market), competition is a factor to consider. In MERIDIAN SEC, home values have risen approximately 37% over the past 6 months. One of the strongest data points is 8505 Alophia DR, Austin TX 78739, adjusting to $603,117; with a smaller floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group