1112 Faircrest DR, Austin TX 78753

Reviewing the most recent comparable transactions, this home's market value falls around $328,961. For a well positioned listing in HARRIS RIDGE, I'd target the $350,000 to $353,000 range. With 7 comparable homes on the market in HARRIS RIDGE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 1988 construction puts this home 10 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in HARRIS RIDGE; a seller's market based on recent absorption. Recent trends in HARRIS RIDGE show home values have fallen 7.9% since 6 months ago. The most comparable recent sale is 13214 Bennington LN, Austin TX 78753, with an adjusted value of $349,204; with a larger 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