5108 Rainbow Ridge CIR, Austin TX 78721

After reviewing 7 recent transactions in HARMONY HEIGHTS, I estimate this property's value at $451,698. A competitive list price for this home right now would fall in the $271,000 to $281,000 range. This would position the home competitively among 6 active listings in HARMONY HEIGHTS. At 170 sqft larger than the typical comp, the size difference factors into the valuation. At 23 years older than typical comps, the 1970 build date influences the valuation. 6 similar homes are currently available in HARMONY HEIGHTS, creating a buyer's market for this price range. Prices in 78721 have risen 11.2% over the last 6 months. A similar home at 6620 Alleyton DR, Austin TX 78725 carries an adjusted comparable value of $499,362, providing a strong data point. With 7 comparable sales in HARMONY HEIGHTS, 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