7704 Yaupon DR, Austin TX 78759

After reviewing 6 recent transactions in GREAT HILLS, I estimate this property's value at $1,172,211. A competitive list price for this home right now would fall in the $1,226,000 to $1,406,000 range. Buyers shopping in GREAT HILLS right now would see this as a well positioned option among 3 comparable homes. At 540 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.21 acres versus the area average of 0.26) contributes to the valuation. With 3 similar homes currently listed in GREAT HILLS (a balanced market), competition is a factor to consider. Prices in GREAT HILLS have fallen 5.8% over the last 6 months. A similar home at 6425 Yaupon DR, Austin TX 78759 carries an adjusted comparable value of $994,850, providing a strong data point. With 6 comparable sales in GREAT HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group