707 Terrace Mountain DR, West Lake Hills TX 78746

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $1,427,110. Pricing this home between $1,419,000 and $1,523,000 would put it in the competitive sweet spot for STONEHEDGE ESTATES. This pricing would rank the home as the most expensive of 3 comparable homes on the market in STONEHEDGE ESTATES's current inventory. At 262 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.64 acres versus the area average of 0.41) contributes to the valuation. Current inventory shows 3 comparable homes in STONEHEDGE ESTATES; a buyer's market based on recent absorption. Market data shows 78746 prices risen 8.3% over the last half year. The closest comparable sale, 306 Briarwood TRL, Austin TX 78746 at an adjusted $1,599,761, is with a larger floor plan. With 6 comparable sales in STONEHEDGE ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group