12006 Colleyville DR, Bee Cave TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $1,775,866. For a well positioned listing in UPLANDS, I'd target the $1,485,000 to $1,495,000 range. With 4 comparable homes on the market in UPLANDS, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The pool is a differentiator here, since 2 of 4 comparable sales didn't include one. The 2000 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in UPLANDS; a buyer's market based on recent absorption. Recent trends in 78738 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 11606 Uplands Ridge DR, Bee Cave TX 78738, with an adjusted value of $1,333,501; with a smaller floor plan. The 4 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