2603 Lehigh DR, Austin TX 78723

Based on 7 closed sales in UNIVERSITY HILLS, the data points to a value around $864,001 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $683,000 to $693,000. This pricing would rank the home as the 3rd most expensive of 6 comparable homes on the market in UNIVERSITY HILLS's current inventory. This home's larger footprint (979 sqft vs the comp average) plays a role in how the market prices it. Being built in 2017 (53 years newer than comps) is factored into the value estimate. There are currently 6 similar homes on the market in UNIVERSITY HILLS, ranging from $620,000 to $895,000. Market data shows UNIVERSITY HILLS prices fallen 21.4% over the last half year. The closest comparable sale, 6805 Duquesne DR, Austin TX 78723 at an adjusted $1,202,646, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in UNIVERSITY HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group