4015 Sierra DR, Austin TX 78731

The market data from 5 similar recent sales in NORTHWEST HILLS points to a value of approximately $1,784,320. To sell within a reasonable timeframe at fair market value, the $1,050,000 to $1,060,000 range is where I'd position this. In the current NORTHWEST HILLS market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. At 108 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 3 of 5 comparable sales didn't include one. Current inventory shows 6 comparable homes in NORTHWEST HILLS; a balanced market based on recent absorption. In NORTHWEST HILLS, home values have risen approximately 5.8% over the past 6 months. One of the strongest data points is 4011 N Hills DR, Austin TX 78731, adjusting to $1,389,036; with a larger floor plan and no pool. The 5 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