After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $1,763,872. Pricing this home between $1,731,000 and $1,977,000 would put it in the competitive sweet spot for NORTHWEST HILLS. This pricing would rank the home as the most expensive of 3 comparable homes on the market in NORTHWEST HILLS's current inventory. The 403 sqft size difference versus comparable sales is reflected in the adjusted values. Right now, 3 similar properties are competing for buyers in NORTHWEST HILLS, listed between $1,500,000 and $2,175,000. Market data shows NORTHWEST HILLS prices risen 21.7% over the last half year. The closest comparable sale, 6209 Ledge Mountain DR, Austin TX 78731 at an adjusted $2,009,235, is with a smaller floor plan. The comp data here (3 sales in NORTHWEST HILLS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus