7201 Cercis CV, Austin TX 78759

After reviewing 7 recent transactions in GREAT HILLS, I estimate this property's value at $1,566,434. A competitive list price for this home right now would fall in the $1,167,000 to $1,177,000 range. Relative to what's currently available in GREAT HILLS, this home would be the most expensive of 7 comparable homes on the market. The larger floor plan (280 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 3 of the 7 comps lacked one. 7 similar homes are currently available in GREAT HILLS, creating a balanced market for this price range. Prices in GREAT HILLS have fallen 0.3% over the last 6 months. A similar home at 5654 Rain Creek PKWY, Austin TX 78759 carries an adjusted comparable value of $1,423,971, providing a strong data point. 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