1603 Weatherford DR, Austin TX 78753

The market data from 3 similar recent sales in HARRIS RIDGE points to a value of approximately $448,172. To sell within a reasonable timeframe at fair market value, the $494,000 to $501,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in HARRIS RIDGE. The 348 sqft size difference versus comparable sales is reflected in the adjusted values. The 2006 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in HARRIS RIDGE; a balanced market based on recent absorption. In HARRIS RIDGE, home values have fallen approximately 7.4% over the past 6 months. One of the strongest data points is 1501 Weatherford DR, Austin TX 78753, adjusting to $445,257; with a smaller floor plan. The 3 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