940 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 $1,858,054. I'd recommend coming to market at $870,000 to $880,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in MAYO, this price positions the property as the most expensive of 7 comparable homes on the market. At 456 sqft smaller than the typical comp, the size difference factors into the valuation. The 2.27 acre lot (larger than the 0.72 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in MAYO, listed between $849,000 and $1,700,000. The trend in 78746 shows prices have risen 5.9% in the past 6 months. 104 McConnell DR, Austin TX 78746 nearby adjusts to $1,695,258; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group