7215 Geneva DR, Austin TX 78723

After reviewing 7 recent transactions in UNIVERSITY HILLS, I estimate this property's value at $747,853. A competitive list price for this home right now would fall in the $573,000 to $583,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in UNIVERSITY HILLS's current inventory. This home's larger footprint (740 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.18 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 3 comparable homes in UNIVERSITY HILLS; a buyer's market based on recent absorption. Prices in UNIVERSITY HILLS have fallen 8.3% over the last 6 months. A similar home at 6805 Duquesne DR, Austin TX 78723 carries an adjusted comparable value of $1,007,123, providing a strong data point. The comp data here (7 sales in UNIVERSITY HILLS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus