8401 Alophia DR, Austin TX 78739

After reviewing 4 recent transactions in MERIDIAN SEC, I estimate this property's value at $677,455. A competitive list price for this home right now would fall in the $742,000 to $779,000 range. This pricing would rank the home as the most affordable of 5 comparable homes on the market in MERIDIAN SEC's current inventory. The smaller floor plan (111 sqft compared to the average comp) is a meaningful differentiator in this price range. With 5 similar homes currently listed in MERIDIAN SEC (a seller's market), competition is a factor to consider. Prices in MERIDIAN SEC have risen 20.5% over the last 6 months. A similar home at 11129 Cherisse DR, Austin TX 78739 carries an adjusted comparable value of $787,380, providing a strong data point. The comp data here (4 sales in MERIDIAN SEC) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus