1001 Redbud TRL, West Lake Hills TX 78746

My analysis of 7 comparable properties puts this home's estimated value at $3,178,746. Based on how the local market is moving, a list price between $1,861,000 and $1,871,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in MEACHAM's current inventory. The larger floor plan (580 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (1.56 acres versus the area average of 1.24) contributes to the valuation. With 7 similar homes currently listed in MEACHAM (a buyer's market), competition is a factor to consider. The 6 month price trend in 78746: risen 8.3%. The best comp here is 901 Westlake DR, West Lake Hills TX 78746 at an adjusted value of $2,571,232, with a smaller floor plan and a pool. The comp data here (7 sales in MEACHAM) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus