2303 Lehigh DR, Austin TX 78723

My analysis of 4 comparable properties puts this home's estimated value at $491,256. Based on how the local market is moving, a list price between $523,000 and $525,000 would position this home well. Buyers shopping in UNIVERSITY HILLS right now would see this as a well positioned option among 3 comparable homes. The larger lot (0.35 acres versus the area average of 0.31) contributes to the valuation. There are currently 3 similar homes on the market in UNIVERSITY HILLS, ranging from $499,500 to $569,000. The 6 month price trend in UNIVERSITY HILLS: risen 12.8%. The best comp here is 6509 Northeast DR, Austin TX 78723 at an adjusted value of $525,285, a strong comparable. With 4 comparable sales in UNIVERSITY HILLS, 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