1005 Madrone RD, West Lake Hills TX 78746

Based on 7 closed sales in CHAMBERS T, the data points to a value around $1,833,413 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,156,000 to $1,166,000. This would position the home competitively among 7 active listings in CHAMBERS T. Being built in 1959 (15 years older than comps) is factored into the value estimate. Lot size matters here: 0.94 acres versus 0.73 for the typical comp. 7 similar homes are currently available in CHAMBERS T, creating a buyer's market for this price range. Market data shows 78746 prices risen 6.4% over the last half year. The closest comparable sale, 1200 REDBUD TRL, West Lake Hills TX 78746 at an adjusted $1,950,259, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CHAMBERS T. 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