7104 RAIN CREEK PKWY, Austin TX 78759

The market data from 7 similar recent sales in GREAT HILLS points to a value of approximately $791,695. To sell within a reasonable timeframe at fair market value, the $916,000 to $992,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in GREAT HILLS. At 0.00 acres, the lot is smaller than the 0.28 acre comp average, which factors into pricing. With 7 similar homes currently listed in GREAT HILLS (a balanced market), competition is a factor to consider. In GREAT HILLS, home values have fallen approximately 3.5% over the past 6 months. One of the strongest data points is 10511 Skyflower DR, Austin TX 78759, adjusting to $915,809; with a smaller floor plan. 7 comparable transactions in GREAT HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group