3 recent sales within half a mile of this address suggest a current value of $1,016,340. My recommended list price range for this property would be $1,047,000 to $1,175,000. With 3 comparable homes on the market in GREAT HILLS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (165 sqft vs the comp average) plays a role in how the market prices it. Built in 1998, this home is 8 years newer than the average comp, which is reflected in the adjustments. The active market in GREAT HILLS includes 3 comparable homes priced from $999,000 to $1,440,000. In GREAT HILLS, home values have risen approximately 2.1% over the past 6 months. One of the strongest data points is 8902 Spicebrush DR, Austin TX 78759, adjusting to $1,034,713; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group