905 Terrace Mountain DR, West Lake Hills TX 78746

The market data from 7 similar recent sales in TERRACE MOUNTAIN points to a value of approximately $2,994,807. To sell within a reasonable timeframe at fair market value, the $3,257,000 to $3,704,000 range is where I'd position this. Among the similar homes currently available in TERRACE MOUNTAIN, this price point stands out as competitive. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. At 0.80 acres, the lot is larger than the 0.71 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in TERRACE MOUNTAIN, ranging from $2,899,950 to $4,595,000. In 78746, home values have risen approximately 8.3% over the past 6 months. One of the strongest data points is 901 Westlake DR, West Lake Hills TX 78746, adjusting to $2,347,866; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group