907 Terrace Mountain DR, West Lake Hills TX 78746

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $3,083,571. Pricing this home between $2,232,000 and $2,242,000 would put it in the competitive sweet spot for TERRACE MOUNTAIN. Buyers shopping in TERRACE MOUNTAIN right now would see this as a well positioned option among 5 comparable homes. This home's larger footprint (134 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.90 acres versus the area average of 0.79) contributes to the valuation. With 5 similar homes currently listed in TERRACE MOUNTAIN (a buyer's market), competition is a factor to consider. Market data shows 78746 prices fallen 2.5% over the last half year. The closest comparable sale, 102 Laurel Valley RD, West Lake Hills TX 78746 at an adjusted $2,505,169, is with a smaller floor plan. With 7 comparable sales in TERRACE MOUNTAIN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group