106 W Spring DR, West Lake Hills TX 78746

The market data from 3 similar recent sales in WESTLAKE PARK points to a value of approximately $1,633,222. To sell within a reasonable timeframe at fair market value, the $1,581,000 to $1,591,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in WESTLAKE PARK. The 517 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.26 acres, the lot is smaller than the 0.35 acre comp average, which factors into pricing. 3 similar homes are currently available in WESTLAKE PARK, creating a buyer's market for this price range. In 78746, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 104 McConnell DR, Austin TX 78746, adjusting to $1,580,671; with a smaller floor plan. 3 comparable transactions in WESTLAKE PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group