13203 Kenswick DR, Austin TX 78753

The market data from 7 similar recent sales in HARRIS RIDGE points to a value of approximately $431,822. To sell within a reasonable timeframe at fair market value, the $493,000 to $529,000 range is where I'd position this. Against 3 similar active listings in HARRIS RIDGE, this price point lands at the most affordable of 3 comparable homes on the market. Being 428 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2006 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in HARRIS RIDGE; a balanced market based on recent absorption. In HARRIS RIDGE, home values have fallen approximately 11% over the past 6 months. One of the strongest data points is 1222 Minerva ST, Austin TX 78753, adjusting to $449,366; with a larger floor plan. 7 comparable transactions in HARRIS RIDGE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group