113 Westlake DR, West Lake Hills TX 78746

This home was listed at $1,250,000 and was on the market for 3 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $1,248,272. Here are some factors that may have played a role: Coming to market in December may have put this home in a slower seasonal window for the West Lake Hills area. At $766/sqft, the asking price was 40% above the area median, though there may have been upgrades or features not captured in the data. Built in 1967, this home may have faced competition from newer construction in the area priced similarly. At 434 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.39 acres versus the area average of 0.43) contributes to the valuation. With 7 comparable sales in SMITH JOE, 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