7406 E Geneva, Austin TX 78723

The market data from 7 similar recent sales in 78723 points to a value of approximately $700,708. To sell within a reasonable timeframe at fair market value, the $519,000 to $529,000 range is where I'd position this. With 7 comparable homes on the market in 78723, this price positions the property as the most expensive of 7 comparable homes on the market. This home's larger footprint (133 sqft vs the comp average) plays a role in how the market prices it. The 2008 construction puts this home 33 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in 78723 (a buyer's market), competition is a factor to consider. In 78723, home values have fallen approximately 0.3% over the past 6 months. One of the strongest data points is 2306 Loyola LN, Austin TX 78723, adjusting to $772,789; a strong comparable. The 7 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