1409 Circle Ridge DR, West Lake Hills TX 78746

After reviewing 7 recent transactions in WILD RIDGE, I estimate this property's value at $1,873,848. A competitive list price for this home right now would fall in the $1,185,000 to $1,195,000 range. Relative to what's currently available in WILD RIDGE, this home would be the 3rd most expensive of 7 comparable homes on the market. At 6 years newer than typical comps, the 1978 build date influences the valuation. The larger lot (1.55 acres versus the area average of 0.78) contributes to the valuation. Buyers in WILD RIDGE have 7 comparable options right now, with asking prices between $1,094,000 and $2,695,000. Prices in 78746 have fallen 4.4% over the last 6 months. A similar home at 1414 Redbud TRL, West Lake Hills TX 78746 carries an adjusted comparable value of $2,427,259, providing a strong data point. With 7 comparable sales in WILD RIDGE, 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