7417 Jaborandi DR, Austin TX 78739

The market data from 5 similar recent sales in MERIDIAN SEC A2 & B2 points to a value of approximately $719,919. To sell within a reasonable timeframe at fair market value, the $698,000 to $742,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in MERIDIAN SEC A2 & B2. Being 244 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.23 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in MERIDIAN SEC A2 & B2, listed between $785,000 and $1,795,000. In 78739, home values have risen approximately 2.7% over the past 6 months. One of the strongest data points is 12301 Aralia Ridge DR, Austin TX 78739, adjusting to $769,693; with a smaller floor plan. The 5 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