8616 Bluegrass, Austin TX 78759

Based on 7 closed sales in GREAT HILLS, the data points to a value around $1,510,044 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $954,000 to $964,000. This would position the home competitively among 7 active listings in GREAT HILLS. This home's larger footprint (439 sqft vs the comp average) plays a role in how the market prices it. Being built in 2002 (7 years newer than comps) is factored into the value estimate. There are currently 7 similar homes on the market in GREAT HILLS, ranging from $875,000 to $1,970,000. Market data shows GREAT HILLS prices fallen 14.1% over the last half year. The closest comparable sale, 5654 Rain Creek PKWY, Austin TX 78759 at an adjusted $1,338,290, is with a smaller floor plan and a pool. 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