414 Brady LN, West Lake Hills TX 78746

The market data from 4 similar recent sales in RIDGEWOOD points to a value of approximately $4,183,380. To sell within a reasonable timeframe at fair market value, the $4,570,000 to $5,042,000 range is where I'd position this. With 3 comparable homes on the market in RIDGEWOOD, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (124 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 1 of 4 comparable sales didn't include one. 3 similar homes are currently available in RIDGEWOOD, creating a buyer's market for this price range. In 78746, home values have risen approximately 7.4% over the past 6 months. One of the strongest data points is 607 Westbrook DR, Austin TX 78746, adjusting to $4,450,302; with a smaller floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group