388 Cortona DR, West Lake Hills TX 78746

After reviewing 3 recent transactions in CORTONA, I estimate this property's value at $3,166,437. A competitive list price for this home right now would fall in the $3,071,000 to $3,261,000 range. Relative to what's currently available in CORTONA, this home would be the most affordable of 2 comparable homes on the market. This home's larger footprint (1,496 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (1.36 acres versus the area average of 1.51) contributes to the valuation. With 2 similar homes currently listed in CORTONA (a buyer's market), competition is a factor to consider. Prices in 78746 have risen 2.2% over the last 6 months. A similar home at 604 Logans LN, Austin TX 78746 carries an adjusted comparable value of $3,220,882, providing a strong data point. With 3 comparable sales in CORTONA, 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