6604 Northeast DR, Austin TX 78723

After reviewing 5 recent transactions in UNIVERSITY HILLS, I estimate this property's value at $720,733. A competitive list price for this home right now would fall in the $614,000 to $624,000 range. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in UNIVERSITY HILLS's current inventory. Being 538 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.40 acres versus the area average of 0.28) contributes to the valuation. With 4 similar homes currently listed in UNIVERSITY HILLS (a buyer's market), competition is a factor to consider. Prices in UNIVERSITY HILLS have fallen 21.4% over the last 6 months. A similar home at 6514 Bradley DR, Austin TX 78723 carries an adjusted comparable value of $838,237, providing a strong data point. With 5 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