7220 RUNNING ROPE, Austin TX 78731

The comparable sales data (5 recent transactions in NORTHWEST HILLS) supports an estimated value of $926,209. The data suggests a list price between $1,196,000 and $1,215,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in NORTHWEST HILLS, this home would be the 2nd least expensive of 7 comparable homes on the market. Being 145 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.00 acres versus 0.37 for the typical comp. Current inventory shows 7 comparable homes in NORTHWEST HILLS; a balanced market based on recent absorption. Prices in NORTHWEST HILLS have risen 3.6% over the last 6 months. A similar home at 3908 Knollwood DR, Austin TX 78731 carries an adjusted comparable value of $761,822, providing a strong data point. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus