405 Terrace Mountain DR, West Lake Hills TX 78746

Based on 7 closed sales in STONEHEDGE ESTATES, the data points to a value around $1,510,713 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $860,000 to $870,000. Buyers shopping in STONEHEDGE ESTATES right now would see this as a well positioned option among 4 comparable homes. Being built in 1983 (9 years newer than comps) is factored into the value estimate. Lot size matters here: 0.57 acres versus 0.50 for the typical comp. 4 similar homes are currently available in STONEHEDGE ESTATES, creating a buyer's market for this price range. Market data shows 78746 prices risen 6.5% over the last half year. The closest comparable sale, 804 Canyon Creek DR, West Lake Hills TX 78746 at an adjusted $1,273,197, is with a pool. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus