8911 Spicebrush DR, Austin TX 78759

The market data from 6 similar recent sales in GREAT HILLS points to a value of approximately $939,469. To sell within a reasonable timeframe at fair market value, the $976,000 to $1,039,000 range is where I'd position this. With 7 comparable homes on the market in GREAT HILLS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 180 sqft smaller than the typical comp, the size difference factors into the valuation. The 1994 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in GREAT HILLS; a balanced market based on recent absorption. In GREAT HILLS, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 6303 Amberly PL, Austin TX 78759, adjusting to $836,042; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group