8603 Appalachian DR, Austin TX 78759

Based on 7 closed sales in GREAT HILLS, the data points to a value around $849,113 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $888,000 to $1,113,000. This home's position in the current GREAT HILLS market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. The smaller floor plan (184 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.26 acres versus 0.30 for the typical comp. Right now, 5 similar properties are competing for buyers in GREAT HILLS, listed between $750,000 and $1,355,000. Market data shows GREAT HILLS prices fallen 3.1% over the last half year. The closest comparable sale, 8302 Appalachian DR, Austin TX 78759 at an adjusted $1,285,184, is a strong comparable. The strength of this estimate comes from 7 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