895 Live Oak CIR, West Lake Hills TX 78746

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $6,618,413. I'd recommend coming to market at $4,458,000 to $4,468,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in MAYO. The larger floor plan (264 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2020, this home is 8 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in MAYO; a buyer's market based on recent absorption. The trend in 78746 shows prices have risen 5.4% in the past 6 months. 203 Buckeye TRL, West Lake Hills TX 78746 nearby adjusts to $9,102,533; with a smaller floor plan. Based on 5 relevant data points in MAYO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX