7307 Rain Creek PKWY, Austin TX 78759

The estimated value of this property is $1,214,260, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $891,000 and $901,000. With 7 comparable homes on the market in GREAT HILLS, this price positions the property as the most expensive of 7 comparable homes on the market. Being 215 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1.16 acre lot (larger than the 0.92 acre average) is reflected in the estimate. The active market in GREAT HILLS includes 7 comparable homes priced from $805,900 to $1,699,000. Recent trends in GREAT HILLS show home values have fallen 17% since 6 months ago. The most comparable recent sale is 10502 Sonora CV, Austin TX 78759, with an adjusted value of $1,229,703; a strong comparable. Based on 3 relevant data points in GREAT HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX