Based on 6 closed sales in STONEHEDGE ESTATES, the data points to a value around $3,117,295 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,248,000 to $2,258,000. Buyers shopping in STONEHEDGE ESTATES right now would see this as a well positioned option among 7 comparable homes. At 352 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2022 (5 years newer than comps) is factored into the value estimate. Buyers in STONEHEDGE ESTATES have 7 comparable options right now, with asking prices between $2,200,000 and $4,595,000. Market data shows STONEHEDGE ESTATES prices fallen 10% over the last half year. The closest comparable sale, 302 Buckeye TRL, West Lake Hills TX 78746 at an adjusted $3,341,550, is with a larger floor plan and a pool. The strength of this estimate comes from 6 directly comparable sales in STONEHEDGE ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
