7301 Rain Creek PKWY, Austin TX 78759

My analysis of 6 comparable properties puts this home's estimated value at $986,171. Based on how the local market is moving, a list price between $856,000 and $866,000 would position this home well. Buyers shopping in GREAT HILLS right now would see this as a well positioned option among 3 comparable homes. The smaller floor plan (142 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.64 acres versus the area average of 0.43) contributes to the valuation. With 3 similar homes currently listed in GREAT HILLS (a balanced market), competition is a factor to consider. The 6 month price trend in GREAT HILLS: fallen 4.5%. The best comp here is 8902 Spicebrush DR, Austin TX 78759 at an adjusted value of $951,012, with a larger floor plan. The comp data here (6 sales in GREAT HILLS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus