8000 Carlton RDG, Bee Cave TX 78738

The market data from 4 similar recent sales in BELVEDERE points to a value of approximately $1,851,465. To sell within a reasonable timeframe at fair market value, the $1,796,000 to $1,907,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in BELVEDERE. Being 126 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.50 acres, the lot is larger than the 1.35 acre comp average, which factors into pricing. The active market in BELVEDERE includes 4 comparable homes priced from $2,150,000 to $2,795,000. In BELVEDERE, home values have fallen approximately 13.8% over the past 6 months. One of the strongest data points is 8040 Carlton Ridge CV, Austin TX 78738, adjusting to $1,774,375; a strong comparable. 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