8306 Appalachian DR, Austin TX 78759

Based on 3 closed sales in GREAT HILLS, the data points to a value around $1,229,504 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $951,000 to $961,000. Buyers shopping in GREAT HILLS right now would see this as a well positioned option among 5 comparable homes. The smaller floor plan (123 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 3 minus 1 of the comps had one. With 5 similar homes currently listed in GREAT HILLS (a balanced market), competition is a factor to consider. Market data shows GREAT HILLS prices fallen 4.3% over the last half year. The closest comparable sale, 5901 Rain Creek PKWY, Austin TX 78759 at an adjusted $1,135,154, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in GREAT HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group