9205 Spicebrush DR, Austin TX 78759

Based on 7 closed sales in GREAT HILLS, the data points to a value around $950,988 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $742,000 to $752,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in GREAT HILLS's current inventory. At 193 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 2.46 acres versus 0.66 for the typical comp. With 7 similar homes currently listed in GREAT HILLS (a balanced market), competition is a factor to consider. Market data shows GREAT HILLS prices risen 7.1% over the last half year. The closest comparable sale, 6303 Amberly PL, Austin TX 78759 at an adjusted $893,588, is a strong comparable. 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