505 Yaupon Valley RD, West Lake Hills TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,707,039. For a well positioned listing in RISKE BEN, I'd target the $1,127,000 to $1,137,000 range. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in RISKE BEN. At 444 sqft larger than the typical comp, the size difference factors into the valuation. At 1.70 acres, the lot is larger than the 1.21 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in RISKE BEN, ranging from $1,150,000 to $2,250,000. Recent trends in 78746 show home values have risen 7.7% since 6 months ago. The most comparable recent sale is 1200 REDBUD TRL, West Lake Hills TX 78746, with an adjusted value of $2,012,869; a strong comparable. The 3 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