4012 Sierra DR, Austin TX 78731

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,139,190. I'd recommend coming to market at $1,002,000 to $1,012,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in NORTHWEST HILLS, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. The 140 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.27 acre lot (smaller than the 0.31 acre average) is reflected in the estimate. Right now, 5 similar properties are competing for buyers in NORTHWEST HILLS, listed between $975,000 and $1,283,000. The trend in NORTHWEST HILLS shows prices have fallen 1.5% in the past 6 months. 4008 N Hills DR, Austin TX 78731 nearby adjusts to $1,292,971; with a larger floor plan and a pool. With 3 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