7908 Alophia DR, Austin TX 78739

Based on 7 closed sales in MERIDIAN SEC, the data points to a value around $577,569 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $642,000 to $659,000. Relative to what's currently available in MERIDIAN SEC, this home would be the 2nd least expensive of 4 comparable homes on the market. This home's smaller footprint (1,076 sqft vs the comp average) plays a role in how the market prices it. There are currently 4 similar homes on the market in MERIDIAN SEC, ranging from $600,000 to $724,990. Market data shows MERIDIAN SEC prices risen 20.5% over the last half year. The closest comparable sale, 11036 Cherisse DR, Austin TX 78739 at an adjusted $539,518, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus