1311 Farris DR, Austin TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $538,442. For a well positioned listing in CARDINAL HILLS, I'd target the $242,000 to $252,000 range. With 7 comparable homes on the market in CARDINAL HILLS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 2002 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 2.96 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. The active market in CARDINAL HILLS includes 7 comparable homes priced from $255,000 to $797,000. Recent trends in CARDINAL HILLS show home values have risen 0.7% since 6 months ago. The most comparable recent sale is 15205 N Flamingo DR, Austin TX 78734, with an adjusted value of $536,640; a strong comparable. The 7 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