The estimated value of this property is $444,440, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $486,000 and $514,000. Against 4 similar active listings in BRIARCLIFF INC, this price point lands at the 2nd least expensive of 4 comparable homes on the market. This home's smaller footprint (162 sqft vs the comp average) plays a role in how the market prices it. Buyers in BRIARCLIFF INC have 4 comparable options right now, with asking prices between $425,000 and $585,000. Recent trends in BRIARCLIFF INC show home values have fallen 18.5% since 6 months ago. The most comparable recent sale is 202 Dunkeld DR, Spicewood TX 78669, with an adjusted value of $417,273; with a larger 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
