808 Rocky River RD, West Lake Hills TX 78746

The market data from 4 similar recent sales in 78746 points to a value of approximately $2,728,265. To sell within a reasonable timeframe at fair market value, the $1,761,000 to $1,771,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78746. The 350 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.45 acres, the lot is larger than the 0.99 acre comp average, which factors into pricing. The active market in 78746 includes 3 comparable homes priced from $1,500,000 to $2,825,000. In 78746, home values have risen approximately 12% over the past 6 months. One of the strongest data points is 1517 Wild Cat HOLW, West Lake Hills TX 78746, adjusting to $2,751,428; a strong comparable. 4 comparable transactions in 78746 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