6812 Hanover LN, Austin TX 78723

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $523,495. I'd recommend coming to market at $252,000 to $262,000 to strike the right balance between value and market velocity. In the current RIVERBEND UNIVERSITY HILLS market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. At 121 sqft larger than the typical comp, the size difference factors into the valuation. The 0.23 acre lot (larger than the 0.20 acre average) is reflected in the estimate. Right now, 6 similar properties are competing for buyers in RIVERBEND UNIVERSITY HILLS, listed between $252,000 and $599,000. The trend in 78723 shows prices have fallen 1.2% in the past 6 months. 3101 Val DR, Austin TX 78723 nearby adjusts to $646,588; a strong comparable. Based on 7 relevant data points in RIVERBEND 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