504 Harris Ave, Austin TX 78705

After reviewing 7 recent transactions in HARPERS, I estimate this property's value at $993,807. A competitive list price for this home right now would fall in the $650,000 to $660,000 range. Buyers shopping in HARPERS right now would see this as a well positioned option among 7 comparable homes. At 17 years newer than typical comps, the 1975 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.11) contributes to the valuation. With 7 similar homes currently listed in HARPERS (a buyer's market), competition is a factor to consider. Prices in 78705 have fallen 11.7% over the last 6 months. A similar home at 1801 Lavaca ST # 9J, Austin TX 78701 carries an adjusted comparable value of $992,283, providing a strong data point. The comp data here (7 sales in HARPERS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus