5302 Welcome Glen, Austin TX 78759

Based on 3 closed sales in GREAT HILLS, the data points to a value around $982,611 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $513,000 to $523,000. Relative to what's currently available in GREAT HILLS, this home would be the most expensive of 7 comparable homes on the market. The 263 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.60 acres versus 0.36 for the typical comp. Right now, 7 similar properties are competing for buyers in GREAT HILLS, listed between $495,000 and $900,000. Market data shows GREAT HILLS prices fallen 5.8% over the last half year. The closest comparable sale, 8429 Adirondack TRL, Austin TX 78759 at an adjusted $871,807, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in GREAT 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