6503 Mesa DR, Austin TX 78731

After reviewing 4 recent transactions in NORTHWEST HILLS, I estimate this property's value at $853,575. A competitive list price for this home right now would fall in the $1,110,000 to $1,166,000 range. Relative to what's currently available in NORTHWEST HILLS, this home would be the 2nd least expensive of 6 comparable homes on the market. This home's smaller footprint (164 sqft vs the comp average) plays a role in how the market prices it. At 6 years older than typical comps, the 1963 build date influences the valuation. With 6 similar homes currently listed in NORTHWEST HILLS (a seller's market), competition is a factor to consider. Prices in NORTHWEST HILLS have risen 13.3% over the last 6 months. A similar home at 6602 Shadow Valley DR, Austin TX 78731 carries an adjusted comparable value of $1,185,090, providing a strong data point. With 4 comparable sales in NORTHWEST 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