5000 JEFFERY PL, West Lake Hills TX 78746

The estimated value of this property is $2,738,043, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,603,000 and $1,613,000. In the current 78746 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 1960, this home is 50 years older than the average comp, which is reflected in the adjustments. The 0.44 acre lot (smaller than the 0.58 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 78746, ranging from $1,700,000 to $4,999,900. Recent trends in 78746 show home values have risen 11.5% since 6 months ago. The most comparable recent sale is 18 N Peak RD, West Lake Hills TX 78746, with an adjusted value of $2,141,447; a strong comparable. 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