Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,259,416. If we were to list this property today, I'd recommend a list price in the $1,380,000 to $1,384,000 range. This home's position in the current WOODS WESTLAKE market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. A pool adds market appeal. Only 7 minus 5 of the comps had one. Lot size matters here: 0.33 acres versus 0.36 for the typical comp. Right now, 3 similar properties are competing for buyers in WOODS WESTLAKE, listed between $1,150,000 and $1,599,000. The 6 month price trend in 78746: risen 5.9%. The best comp here is 1302 Shannon Oaks TRL, Austin TX 78746 at an adjusted value of $1,166,337, with a smaller floor plan and no pool. The strength of this estimate comes from 7 directly comparable sales in WOODS WESTLAKE. 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
