9221 Spicebrush DR, Austin TX 78759

The market data from 7 similar recent sales in GREAT HILLS points to a value of approximately $1,224,849. To sell within a reasonable timeframe at fair market value, the $1,001,000 to $1,011,000 range is where I'd position this. Against 7 similar active listings in GREAT HILLS, this price point lands at the 4th most expensive of 7 comparable homes on the market. At 276 sqft larger than the typical comp, the size difference factors into the valuation. The 1996 construction puts this home 5 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 fallen approximately 3.5% over the past 6 months. One of the strongest data points is 7700 Blue Lilly DR, Austin TX 78759, adjusting to $1,044,728; with a smaller floor plan. The 7 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