The market data from 3 similar recent sales in NORTHWEST HILLS points to a value of approximately $1,620,624. To sell within a reasonable timeframe at fair market value, the $1,046,000 to $1,056,000 range is where I'd position this. Among the similar homes currently available in NORTHWEST HILLS, this price point stands out as competitive. At 153 sqft larger than the typical comp, the size difference factors into the valuation. Buyers in NORTHWEST HILLS have 7 comparable options right now, with asking prices between $969,000 and $2,000,000. In NORTHWEST HILLS, home values have risen approximately 6.8% over the past 6 months. One of the strongest data points is 3802 Rockledge DR, Austin TX 78731, adjusting to $1,881,255; with a smaller floor plan. 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
