1107 Yaupon Valley, West Lake Hills TX 78746

My analysis of 3 comparable properties puts this home's estimated value at $1,652,379. Based on how the local market is moving, a list price between $1,015,000 and $1,025,000 would position this home well. Relative to what's currently available in 78746, this home would be the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (387 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.85 acres versus the area average of 0.89) contributes to the valuation. Current inventory shows 7 comparable homes in 78746; a buyer's market based on recent absorption. The 6 month price trend in 78746: risen 6.5%. The best comp here is 1517 Wild Cat HOLW, West Lake Hills TX 78746 at an adjusted value of $2,340,120, with a larger floor plan. With 3 comparable sales in 78746, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group