Based on 6 closed sales in GREAT HILLS, the data points to a value around $817,091 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $943,000 to $982,000. Relative to what's currently available in GREAT HILLS, this home would be the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (173 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 7 similar homes on the market in GREAT HILLS, ranging from $599,500 to $1,699,000. Market data shows GREAT HILLS prices fallen 14.1% over the last half year. The closest comparable sale, 10511 Skyflower DR, Austin TX 78759 at an adjusted $934,871, is with a larger floor plan. The strength of this estimate comes from 6 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
