5420 Bee Caves, West Lake Hills TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,803,537. For a well positioned listing in 78746, I'd target the $3,307,000 to $3,328,000 range. Against 7 similar active listings in 78746, this price point lands at the most affordable of 7 comparable homes on the market. The 1968 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.85 acres, the lot is larger than the 0.54 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78746 (a buyer's market), competition is a factor to consider. Recent trends in 78746 show home values have risen 7.1% since 6 months ago. The most comparable recent sale is 2107 Toro Canyon RD, Austin TX 78746, with an adjusted value of $2,179,569; with a smaller floor plan. 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