5804 Painted Valley DR, Austin TX 78759

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $1,033,171. Pricing this home between $896,000 and $906,000 would put it in the competitive sweet spot for GREAT HILLS. Relative to what's currently available in GREAT HILLS, this home would be the 2nd most expensive of 4 comparable homes on the market. The larger lot (0.44 acres versus the area average of 0.36) contributes to the valuation. With 4 similar homes currently listed in GREAT HILLS (a balanced market), competition is a factor to consider. Market data shows GREAT HILLS prices fallen 3.5% over the last half year. The closest comparable sale, 8902 Spicebrush DR, Austin TX 78759 at an adjusted $970,679, is with a smaller floor plan. The comp data here (4 sales in GREAT 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