6301 Mercedes Bn, Austin TX 78759

After reviewing 7 recent transactions in GREAT HILLS, I estimate this property's value at $1,240,220. A competitive list price for this home right now would fall in the $1,050,000 to $1,060,000 range. Buyers shopping in GREAT HILLS right now would see this as a well positioned option among 5 comparable homes. This home's larger footprint (180 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 5 of the 7 comps lacked one. There are currently 5 similar homes on the market in GREAT HILLS, ranging from $965,000 to $1,399,000. Prices in GREAT HILLS have risen 3.9% over the last 6 months. A similar home at 5907 Ivy Hills DR, Austin TX 78759 carries an adjusted comparable value of $1,489,889, providing a strong data point. The comp data here (7 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