1406 Circle Ridge DR, West Lake Hills TX 78746

After reviewing 3 recent transactions in 78746, I estimate this property's value at $2,846,352. A competitive list price for this home right now would fall in the $3,948,000 to $4,734,000 range. This would position the home competitively among 4 active listings in 78746. This home's larger footprint (663 sqft vs the comp average) plays a role in how the market prices it. At 13 years older than typical comps, the 1970 build date influences the valuation. With 4 similar homes currently listed in 78746 (a buyer's market), competition is a factor to consider. Prices in 78746 have risen 5.9% over the last 6 months. A similar home at 78 St Stephens School RD, Austin TX 78746 carries an adjusted comparable value of $2,543,066, providing a strong data point. The comp data here (3 sales in 78746) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus