5804 Rising Hills DR, Austin TX 78759

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,411,081. I'd recommend coming to market at $1,159,000 to $1,169,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in GREAT HILLS, this price positions the property as the most expensive of 4 comparable homes on the market. At 325 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 3 of 6 comparable homes not offering one. Current inventory shows 4 comparable homes in GREAT HILLS; a balanced market based on recent absorption. The trend in GREAT HILLS shows prices have fallen 11.2% in the past 6 months. 5907 Ivy Hills DR, Austin TX 78759 nearby adjusts to $1,635,268; with a smaller floor plan. Based on 6 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