902 REDBUD TRL, West Lake Hills TX 78746

The market data from 7 similar recent sales in STONEHEDGE ESTATES points to a value of approximately $3,826,855. To sell within a reasonable timeframe at fair market value, the $2,111,000 to $2,121,000 range is where I'd position this. In the current STONEHEDGE ESTATES market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 106 sqft larger than the typical comp, the size difference factors into the valuation. The 1969 construction puts this home 26 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in STONEHEDGE ESTATES, creating a buyer's market for this price range. In 78746, home values have fallen approximately 3.5% over the past 6 months. One of the strongest data points is 411 Honeycomb RDG, Austin TX 78746, adjusting to $4,407,700; a strong comparable. 7 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