6811 Syracuse CV, Austin TX 78723

The market data from 7 similar recent sales in UNIVERSITY HILLS points to a value of approximately $429,332. To sell within a reasonable timeframe at fair market value, the $467,000 to $507,000 range is where I'd position this. Against 7 similar active listings in UNIVERSITY HILLS, this price point lands at the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (224 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2003 construction puts this home 40 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in UNIVERSITY HILLS, ranging from $377,500 to $579,900. In UNIVERSITY HILLS, home values have fallen approximately 21.4% over the past 6 months. One of the strongest data points is 6716 Haney DR, Austin TX 78723, adjusting to $507,245; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group