714 Laurel Valley RD, West Lake Hills TX 78746

Based on 4 closed sales in MAYO, the data points to a value around $1,681,125 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,016,000 to $1,026,000. This home's position in the current MAYO market: the most expensive of 7 comparable homes on the market among comparable properties. The 237 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 1.03 acres versus 0.92 for the typical comp. 7 similar homes are currently available in MAYO, creating a buyer's market for this price range. Market data shows 78746 prices risen 8.7% over the last half year. The closest comparable sale, 1004 Yaupon Valley RD, West Lake Hills TX 78746 at an adjusted $1,157,189, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in MAYO. 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