511 Yaupon Valley RD, West Lake Hills TX 78746

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,408,813. I'd recommend coming to market at $1,613,000 to $1,839,000 to strike the right balance between value and market velocity. In the current RISKE BEN market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (208 sqft vs the comp average) plays a role in how the market prices it. The 0.82 acre lot (larger than the 0.71 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in RISKE BEN; a buyer's market based on recent absorption. The trend in 78746 shows prices have risen 7.7% in the past 6 months. 804 Canyon Creek DR, West Lake Hills TX 78746 nearby adjusts to $1,228,344; with a larger floor plan and a pool. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group