8704 Bluegrass DR, Austin TX 78759

The market data from 3 similar recent sales in GREAT HILLS points to a value of approximately $915,952. To sell within a reasonable timeframe at fair market value, the $929,000 to $1,047,000 range is where I'd position this. With 3 comparable homes on the market in GREAT HILLS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. Being 282 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.25 acres, the lot is smaller than the 0.28 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in GREAT HILLS; a balanced market based on recent absorption. In GREAT HILLS, home values have risen approximately 7.1% over the past 6 months. One of the strongest data points is 5710 Painted Valley DR, Austin TX 78759, adjusting to $834,516; with a smaller floor plan. 3 comparable transactions in GREAT HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group