7318 Ellaview LN, Austin TX 78759

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $927,511. To generate strong buyer interest while maximizing value, I'd price this between $1,019,000 and $1,039,000. With 3 comparable homes on the market in GREAT HILLS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 297 sqft larger than the typical comp, the size difference factors into the valuation. The 2001 construction puts this home 6 years newer than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in GREAT HILLS, listed between $964,750 and $1,299,500. The trend in GREAT HILLS shows prices have fallen 3.5% in the past 6 months. 7700 Blue Lilly DR, Austin TX 78759 nearby adjusts to $851,483; a strong comparable. 7 comparable transactions in GREAT HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group