5 N Peak RD, West Lake Hills TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $4,015,641. For a well positioned listing in 78746, I'd target the $3,935,000 to $4,096,000 range. With 7 comparable homes on the market in 78746, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 306 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 1 of 4 comparable sales didn't include one. Buyers in 78746 have 7 comparable options right now, with asking prices between $2,899,950 and $7,300,000. Recent trends in 78746 show home values have fallen 12.6% since 6 months ago. The most comparable recent sale is 303 Farley TRL, Austin TX 78746, with an adjusted value of $5,756,269; a strong comparable. 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