6807 Columbia DR, Austin TX 78723

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $505,539. I'd recommend coming to market at $415,000 to $425,000 to strike the right balance between value and market velocity. In the current UNIVERSITY HILLS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Built in 1960, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.19 acre lot (smaller than the 0.22 acre average) is reflected in the estimate. With 4 similar homes currently listed in UNIVERSITY HILLS (a balanced market), competition is a factor to consider. The trend in UNIVERSITY HILLS shows prices have risen 11.2% in the past 6 months. 2101 Vanderbilt LN, Austin TX 78723 nearby adjusts to $375,114; a strong comparable. Based on 7 relevant data points in UNIVERSITY HILLS, 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