6202 Lost Horizon DR, Austin TX 78759

After reviewing 7 recent transactions in GREAT HILLS, I estimate this property's value at $1,147,516. A competitive list price for this home right now would fall in the $1,006,000 to $1,016,000 range. This would position the home competitively among 4 active listings in GREAT HILLS. At 106 sqft larger than the typical comp, the size difference factors into the valuation. At 5 years older than typical comps, the 1983 build date influences the valuation. With 4 similar homes currently listed in GREAT HILLS (a balanced market), competition is a factor to consider. Prices in GREAT HILLS have fallen 5.8% over the last 6 months. A similar home at 5907 Ivy Hills DR, Austin TX 78759 carries an adjusted comparable value of $1,457,660, providing a strong data point. With 7 comparable sales in GREAT HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group