After reviewing 7 recent transactions in NORTHWEST HILLS, I estimate this property's value at $1,385,911. A competitive list price for this home right now would fall in the $1,140,000 to $1,150,000 range. Relative to what's currently available in NORTHWEST HILLS, this home would be the 2nd most expensive of 3 comparable homes on the market. At 22 years newer than typical comps, the 2003 build date influences the valuation. Right now, 3 similar properties are competing for buyers in NORTHWEST HILLS, listed between $1,199,000 and $2,750,000. Prices in NORTHWEST HILLS have risen 5.8% over the last 6 months. A similar home at 6213 Ledge Mountain DR, Austin TX 78731 carries an adjusted comparable value of $1,098,013, providing a strong data point. The comp data here (7 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