12701 Descartes CV, Austin TX 78753

After reviewing 4 recent transactions in HARRIS RIDGE, I estimate this property's value at $437,580. A competitive list price for this home right now would fall in the $514,000 to $538,000 range. Buyers shopping in HARRIS RIDGE right now would see this as a well positioned option among 3 comparable homes. This home's larger footprint (603 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.27 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 3 comparable homes in HARRIS RIDGE; a seller's market based on recent absorption. Prices in HARRIS RIDGE have fallen 11.4% over the last 6 months. A similar home at 1222 Minerva ST, Austin TX 78753 carries an adjusted comparable value of $436,883, providing a strong data point. With 4 comparable sales in HARRIS RIDGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group