8867 Mountain Ridge CIR, Austin TX 78759

The estimated value of this property is $867,524, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $707,000 and $717,000. In the current GREAT HILLS market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. Being 169 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.27 acre lot (smaller than the 0.31 acre average) is reflected in the estimate. There are currently 6 similar homes on the market in GREAT HILLS, ranging from $640,000 to $1,295,000. Recent trends in GREAT HILLS show home values have fallen 3.5% since 6 months ago. The most comparable recent sale is 8603 Appalachian DR, Austin TX 78759, with an adjusted value of $803,421; with a larger floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group