7105 RAIN CREEK PKWY, Austin TX 78759

My analysis of 7 comparable properties puts this home's estimated value at $806,420. Based on how the local market is moving, a list price between $790,000 and $823,000 would position this home well. Relative to what's currently available in GREAT HILLS, this home would be the most expensive of 3 comparable homes on the market. The larger lot (0.38 acres versus the area average of 0.34) contributes to the valuation. Current inventory shows 3 comparable homes in GREAT HILLS; a balanced market based on recent absorption. The 6 month price trend in GREAT HILLS: fallen 7.5%. The best comp here is 6507 Staghorn CV, Austin TX 78759 at an adjusted value of $746,455, with a larger floor plan. With 7 comparable sales in GREAT 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