Taking into account 4 nearby comparable sales, this property's estimated value comes to $1,156,398. If we were to list this property today, I'd recommend a list price in the $1,409,000 to $1,415,000 range. Relative to what's currently available in GREAT HILLS, this home would be the most affordable of 3 comparable homes on the market. The larger floor plan (374 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2002 (5 years newer than comps) is factored into the value estimate. The active market in GREAT HILLS includes 3 comparable homes priced from $1,350,000 to $1,575,000. The 6 month price trend in GREAT HILLS: risen 1.4%. The best comp here is 6003 Rain Creek PKWY, Austin TX 78759 at an adjusted value of $995,175, a strong comparable. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus