Based on 3 closed sales in TIMBERLINE TERRACE, the data points to a value around $3,343,269 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,443,000 to $2,453,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in TIMBERLINE TERRACE's current inventory. Current inventory shows 7 comparable homes in TIMBERLINE TERRACE; a buyer's market based on recent absorption. Market data shows 78746 prices fallen 2.1% over the last half year. The closest comparable sale, 18 N Peak RD, West Lake Hills TX 78746 at an adjusted $2,396,449, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in TIMBERLINE TERRACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
