4120 Edwards Mountain DR, Austin TX 78731

Based on 5 closed sales in NORTHWEST HILLS, the data points to a value around $1,651,098 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,450,000 to $1,460,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in NORTHWEST HILLS's current inventory. The 361 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1978 (5 years newer than comps) is factored into the value estimate. 4 similar homes are currently available in NORTHWEST HILLS, creating a seller's market for this price range. Market data shows NORTHWEST HILLS prices risen 13.3% over the last half year. The closest comparable sale, 8509 Appalachian DR, Austin TX 78759 at an adjusted $1,340,132, is with a pool. The strength of this estimate comes from 5 directly comparable sales in NORTHWEST HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group