5676 Rain Creek PKWY, Austin TX 78759

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,457,177. I'd recommend coming to market at $1,184,000 to $1,194,000 to strike the right balance between value and market velocity. Among the similar homes currently available in GREAT HILLS, this price point stands out as competitive. The 1,164 sqft size difference versus comparable sales is reflected in the adjusted values. The 1.20 acre lot (larger than the 0.70 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in GREAT HILLS; a balanced market based on recent absorption. The trend in GREAT HILLS shows prices have fallen 4.5% in the past 6 months. 6204 Lost Horizon DR, Austin TX 78759 nearby adjusts to $2,217,926; with a smaller floor plan. Based on 7 relevant data points in GREAT HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX