7204 Geneva CIR, Austin TX 78723

After reviewing 7 recent transactions in UNIVERSITY HILLS, I estimate this property's value at $542,900. A competitive list price for this home right now would fall in the $375,000 to $385,000 range. Relative to what's currently available in UNIVERSITY HILLS, this home would be the 3rd most expensive of 7 comparable homes on the market. At 5 years newer than typical comps, the 1971 build date influences the valuation. The larger lot (0.27 acres versus the area average of 0.24) contributes to the valuation. The active market in UNIVERSITY HILLS includes 7 comparable homes priced from $399,999 to $725,000. Prices in UNIVERSITY HILLS have fallen 21.4% over the last 6 months. A similar home at 7404 Charlton DR, Austin TX 78723 carries an adjusted comparable value of $500,376, providing a strong data point. With 7 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