7214 Geneva DR, Austin TX 78723

The estimated value of this property is $579,505, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $448,000 and $458,000. With 6 comparable homes on the market in UNIVERSITY HILLS, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. This home's larger footprint (195 sqft vs the comp average) plays a role in how the market prices it. With 6 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 21.4% since 6 months ago. The most comparable recent sale is 2116 Vanderbilt LN, Austin TX 78723, with an adjusted value of $464,130; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group