The comparable sales data (3 recent transactions in WESTLAKE HIGHLANDS) supports an estimated value of $1,698,117. The data suggests a list price between $1,185,000 and $1,195,000 would attract qualified buyers without leaving money on the table. This home's position in the current WESTLAKE HIGHLANDS market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The larger floor plan (170 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 3 minus 1 of the comps had one. Current inventory shows 3 comparable homes in WESTLAKE HIGHLANDS; a buyer's market based on recent absorption. Prices in WESTLAKE HIGHLANDS have fallen 40.2% over the last 6 months. A similar home at 2107 Toro Canyon RD, Austin TX 78746 carries an adjusted comparable value of $2,187,840, providing a strong data point. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus