909 Live Oak Ridge RD, Austin TX 78746

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $3,325,894. I'd recommend coming to market at $1,850,000 to $1,860,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in MAYO. The larger floor plan (756 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in MAYO includes 7 comparable homes priced from $1,700,000 to $10,950,000. The trend in 78746 shows prices have risen 10.7% in the past 6 months. 901 Westlake DR, West Lake Hills TX 78746 nearby adjusts to $2,422,590; with a smaller floor plan and a pool. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group