2503 Colby CV, Austin TX 78723

The estimated value of this property is $615,555, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $685,000 and $711,000. With 6 comparable homes on the market in UNIVERSITY HILLS WEST, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. This home's larger footprint (216 sqft vs the comp average) plays a role in how the market prices it. The active market in UNIVERSITY HILLS WEST includes 6 comparable homes priced from $550,000 to $895,000. Recent trends in 78723 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 2402 Stevens CV, Austin TX 78723, with an adjusted value of $627,900; with a smaller floor plan. Based on 7 relevant data points in UNIVERSITY HILLS WEST, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX