1112 Cielo Springs DR, Blanco TX 78606

Based on 7 closed sales in CIELO SPGS, the data points to a value around $552,661 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $587,000 to $617,000. This home's position in the current CIELO SPGS market: the most expensive of 3 comparable homes on the market among comparable properties. Being built in 2020 (27 years newer than comps) is factored into the value estimate. Lot size matters here: 2.34 acres versus 0.72 for the typical comp. There are currently 3 similar homes on the market in CIELO SPGS, ranging from $450,000 to $595,000. Market data shows 78606 prices risen 31.2% over the last half year. The closest comparable sale, 1038 Cielo Springs DR, Blanco TX 78606 at an adjusted $616,923, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CIELO SPGS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group