187 SKYLINE DR, West Lake Hills TX 78746

After reviewing 3 recent transactions in SPARKS, I estimate this property's value at $1,512,681. A competitive list price for this home right now would fall in the $1,046,000 to $1,056,000 range. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in SPARKS's current inventory. This home's smaller footprint (217 sqft vs the comp average) plays a role in how the market prices it. The larger lot (1.14 acres versus the area average of 0.91) contributes to the valuation. There are currently 7 similar homes on the market in SPARKS, ranging from $1,040,000 to $2,980,000. Prices in 78746 have risen 10.7% over the last 6 months. A similar home at 804 Canyon Creek DR, West Lake Hills TX 78746 carries an adjusted comparable value of $1,316,679, providing a strong data point. With 3 comparable sales in SPARKS, 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