6503 Willamette DR, Austin TX 78723

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $522,778. Pricing this home between $441,000 and $451,000 would put it in the competitive sweet spot for UNIVERSITY HILLS. Buyers shopping in UNIVERSITY HILLS right now would see this as a well positioned option among 7 comparable homes. At 5 years older than typical comps, the 1963 build date influences the valuation. The larger lot (0.38 acres versus the area average of 0.31) contributes to the valuation. Current inventory shows 7 comparable homes in UNIVERSITY HILLS; a buyer's market based on recent absorption. Market data shows UNIVERSITY HILLS prices fallen 21.4% over the last half year. The closest comparable sale, 6509 Northeast DR, Austin TX 78723 at an adjusted $556,775, is with a smaller floor plan. With 3 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