7000 Burnell DR, Austin TX 78723

The market data from 7 similar recent sales in UNIVERSITY HILLS points to a value of approximately $498,215. To sell within a reasonable timeframe at fair market value, the $426,000 to $436,000 range is where I'd position this. In the current UNIVERSITY HILLS market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. At 0.26 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in UNIVERSITY HILLS, ranging from $389,000 to $585,000. In UNIVERSITY HILLS, home values have fallen approximately 21.4% over the past 6 months. One of the strongest data points is 7404 Charlton DR, Austin TX 78723, adjusting to $452,976; a strong comparable. 7 comparable transactions in UNIVERSITY HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group