The comparable sales data (5 recent transactions in GREAT HILLS) supports an estimated value of $995,177. The data suggests a list price between $1,050,000 and $1,144,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in GREAT HILLS, this home would be the most expensive of 4 comparable homes on the market. Lot size matters here: 0.21 acres versus 0.24 for the typical comp. Right now, 4 similar properties are competing for buyers in GREAT HILLS, listed between $925,000 and $1,299,500. Prices in GREAT HILLS have fallen 3.5% over the last 6 months. A similar home at 7700 Blue Lilly DR, Austin TX 78759 carries an adjusted comparable value of $882,849, providing a strong data point. This estimate draws on 5 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