6603 Rain Creek PKWY, Austin TX 78759

After reviewing 5 recent transactions in GREAT HILLS, I estimate this property's value at $1,004,010. A competitive list price for this home right now would fall in the $783,000 to $793,000 range. This home's position in the current GREAT HILLS market: the most expensive of 3 comparable homes on the market among comparable properties. At 197 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.45 acres versus the area average of 0.40) contributes to the valuation. Current inventory shows 3 comparable homes in GREAT HILLS; a buyer's market based on recent absorption. Prices in GREAT HILLS have fallen 4.1% over the last 6 months. A similar home at 9010 Bluegrass DR, Austin TX 78759 carries an adjusted comparable value of $922,928, providing a strong data point. The comp data here (5 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