402 Redbud TRL, West Lake Hills TX 78746

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $3,516,877. I'd recommend coming to market at $5,262,000 to $5,390,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78746, this price positions the property as the most affordable of 7 comparable homes on the market. Being 261 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.76 acre lot (larger than the 0.71 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78746; a buyer's market based on recent absorption. The trend in 78746 shows prices have risen 7.1% in the past 6 months. 2102 N Oak Canyon RD, Austin TX 78746 nearby adjusts to $2,267,724; with a pool. Based on 7 relevant data points in 78746, 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