1805 Basin Ledge, West Lake Hills TX 78746

My analysis of 4 comparable properties puts this home's estimated value at $1,405,824. Based on how the local market is moving, a list price between $1,233,000 and $1,243,000 would position this home well. This home's position in the current STONEHEDGE ESTATES market: the most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (194 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.53 acres versus the area average of 0.45) contributes to the valuation. With 3 similar homes currently listed in STONEHEDGE ESTATES (a buyer's market), competition is a factor to consider. The 6 month price trend in STONEHEDGE ESTATES: risen 9%. The best comp here is 1 Sugar Shack DR, West Lake Hills TX 78746 at an adjusted value of $1,674,855, with a larger floor plan and a pool. The comp data here (4 sales in STONEHEDGE ESTATES) 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