7208 Geneva DR, Austin TX 78723

Reviewing the most recent comparable transactions, this home's market value falls around $819,065. For a well positioned listing in UNIVERSITY HILLS, I'd target the $607,000 to $617,000 range. In the current UNIVERSITY HILLS market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The larger floor plan (432 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.18 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. With 7 similar homes currently listed in UNIVERSITY HILLS (a buyer's market), competition is a factor to consider. Recent trends in UNIVERSITY HILLS show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 6805 Duquesne DR, Austin TX 78723, with an adjusted value of $970,974; a strong comparable. The 3 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