5902 Rain Creek PKWY, Austin TX 78759

The market data from 7 similar recent sales in GREAT HILLS points to a value of approximately $946,263. To sell within a reasonable timeframe at fair market value, the $706,000 to $716,000 range is where I'd position this. Among the similar homes currently available in GREAT HILLS, this price point stands out as competitive. This home's smaller footprint (285 sqft vs the comp average) plays a role in how the market prices it. At 0.40 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in GREAT HILLS; a balanced market based on recent absorption. In GREAT HILLS, home values have fallen approximately 3.1% over the past 6 months. One of the strongest data points is 6404 Rain Creek PKWY, Austin TX 78759, adjusting to $701,788; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group