Based on 3 closed sales in GREAT HILLS, the data points to a value around $769,768 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $625,000 to $635,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in GREAT HILLS's current inventory. The smaller floor plan (185 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 4 similar homes on the market in GREAT HILLS, ranging from $549,999 to $799,900. Market data shows GREAT HILLS prices risen 7.1% over the last half year. The closest comparable sale, 6601 Strutton CV, Austin TX 78759 at an adjusted $701,828, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in GREAT HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group