8869 Mountain Ridge CIR, Austin TX 78759

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $1,266,022. Pricing this home between $1,241,000 and $1,291,000 would put it in the competitive sweet spot for GREAT HILLS. This would position the home competitively among 4 active listings in GREAT HILLS. Having a pool is a plus; 3 of the 5 comps lacked one. The larger lot (0.36 acres versus the area average of 0.29) contributes to the valuation. With 4 similar homes currently listed in GREAT HILLS (a balanced market), competition is a factor to consider. Market data shows GREAT HILLS prices fallen 9.2% over the last half year. The closest comparable sale, 8312 Appalachian DR, Austin TX 78759 at an adjusted $1,700,617, is with a larger floor plan and no pool. With 5 comparable sales in GREAT HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group