8602 Emerald Hill DR, Austin TX 78759

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,178,102. I'd recommend coming to market at $812,000 to $822,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in WESTOVER HILLS, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 160 sqft larger than the typical comp, the size difference factors into the valuation. The 0.41 acre lot (larger than the 0.26 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in WESTOVER HILLS, listed between $724,988 and $1,899,999. The trend in WESTOVER HILLS shows prices have fallen 13.4% in the past 6 months. 8702 Silverhill LN, Austin TX 78759 nearby adjusts to $1,367,836; a strong comparable. Based on 7 relevant data points in WESTOVER 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