12009 Uplands Ridge DR, Bee Cave TX 78738

The market data from 7 similar recent sales in UPLANDS points to a value of approximately $1,526,270. To sell within a reasonable timeframe at fair market value, the $1,177,000 to $1,187,000 range is where I'd position this. With 2 comparable homes on the market in UPLANDS, this price positions the property as the most expensive of 2 comparable homes on the market. Being 838 sqft larger than the average comparable sale in this area impacts the per square foot value. At 1.71 acres, the lot is larger than the 0.75 acre comp average, which factors into pricing. 2 similar homes are currently available in UPLANDS, creating a buyer's market for this price range. In 78738, home values have risen approximately 4.5% over the past 6 months. One of the strongest data points is 11801 Astoria DR, Bee Cave TX 78738, adjusting to $2,026,854; with a smaller floor plan. 7 comparable transactions in UPLANDS 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