1105 Sprague LN, West Lake Hills TX 78746

Based on 4 closed sales in ESTATES BLACKACRE, the data points to a value around $3,369,872 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,363,000 to $2,373,000. This home's position in the current ESTATES BLACKACRE market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Lot size matters here: 1.18 acres versus 1.37 for the typical comp. The active market in ESTATES BLACKACRE includes 7 comparable homes priced from $1,995,000 to $10,950,000. Market data shows 78746 prices fallen 3.5% over the last half year. The closest comparable sale, 1101 Sprague LN, West Lake Hills TX 78746 at an adjusted $2,566,109, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in ESTATES BLACKACRE. 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