305 Reveille RD, West Lake Hills TX 78746

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $3,415,929. I'd recommend coming to market at $2,914,000 to $2,924,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 6 comparable homes on the market comparable homes currently on the market in SMITH JOE. Built in 2011, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.59 acre lot (larger than the 0.42 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in SMITH JOE; a buyer's market based on recent absorption. The trend in 78746 shows prices have risen 3.2% in the past 6 months. 2 Inwood CV, Austin TX 78746 nearby adjusts to $3,861,624; with a pool. Based on 7 relevant data points in SMITH JOE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX