3506 Wellspring DR, Bee Cave TX 78738

The estimated value of this property is $1,394,153, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,744,000 and $1,818,000. Against 4 similar active listings in UPLANDS, this price point lands at the most affordable of 4 comparable homes on the market. At 162 sqft smaller than the typical comp, the size difference factors into the valuation. Right now, 4 similar properties are competing for buyers in UPLANDS, listed between $1,250,000 and $2,200,000. Recent trends in 78738 show home values have fallen 0.7% since 6 months ago. The most comparable recent sale is 11606 Uplands Ridge DR, Bee Cave TX 78738, with an adjusted value of $1,184,810; with a smaller floor plan. With 3 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