7312 Fabion DR, Austin TX 78759

The market data from 5 similar recent sales in GREAT HILLS points to a value of approximately $1,096,027. To sell within a reasonable timeframe at fair market value, the $1,269,000 to $1,274,000 range is where I'd position this. Against 7 similar active listings in GREAT HILLS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Being 204 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.20 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. With 7 similar homes currently listed in GREAT HILLS (a balanced market), competition is a factor to consider. In GREAT HILLS, home values have fallen approximately 3.5% over the past 6 months. One of the strongest data points is 7700 Blue Lilly DR, Austin TX 78759, adjusting to $942,991; with a smaller floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group