512 Errol DR, Briarcliff TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $553,435. For a well positioned listing in BRIARCLIFF, I'd target the $537,000 to $570,000 range. In the current BRIARCLIFF market with 1 similar homes available, this price represents below the only comparable home currently on the market. The 2013 construction puts this home 11 years newer than the comp average, a factor in the pricing. At 0.29 acres, the lot is smaller than the 0.75 acre comp average, which factors into pricing. 1 similar homes are currently available in BRIARCLIFF, creating a buyer's market for this price range. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 22127 OBAN DR, Spicewood TX 78669, with an adjusted value of $465,611; a strong comparable. The 7 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