801 Canyon Creek DR, West Lake Hills TX 78746

The market data from 4 similar recent sales in STONEHEDGE ESTATES points to a value of approximately $1,451,426. To sell within a reasonable timeframe at fair market value, the $1,408,000 to $1,495,000 range is where I'd position this. Against 4 similar active listings in STONEHEDGE ESTATES, this price point lands at the 2nd least expensive of 4 comparable homes on the market. The 274 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.67 acres, the lot is larger than the 0.42 acre comp average, which factors into pricing. With 4 similar homes currently listed in STONEHEDGE ESTATES (a buyer's market), competition is a factor to consider. In 78746, home values have risen approximately 6.8% over the past 6 months. One of the strongest data points is 804 Canyon Creek DR, West Lake Hills TX 78746, adjusting to $1,165,318; with a larger floor plan and a pool. 4 comparable transactions in STONEHEDGE ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group