8614 Alverstone WAY, Austin TX 78759

Taking into account 4 nearby comparable sales, this property's estimated value comes to $713,905. If we were to list this property today, I'd recommend a list price in the $911,000 to $1,113,000 range. This would position the home competitively among 5 active listings in GREAT HILLS. This home's smaller footprint (131 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.22 acres versus 0.26 for the typical comp. Current inventory shows 5 comparable homes in GREAT HILLS; a balanced market based on recent absorption. The 6 month price trend in GREAT HILLS: fallen 11.2%. The best comp here is 8526 Adirondack TRL, Austin TX 78759 at an adjusted value of $743,404, with a larger floor plan. The strength of this estimate comes from 4 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