The estimated value of this property is $495,755, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $542,000 and $631,000. With 4 comparable homes on the market in BRIARCLIFF INC, this price positions the property as the most affordable of 4 comparable homes on the market. The smaller floor plan (121 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 4 similar homes on the market in BRIARCLIFF INC, ranging from $495,000 to $665,000. Recent trends in BRIARCLIFF INC show home values have fallen 12.7% since 6 months ago. The most comparable recent sale is 22113 Shotts DR, Spicewood TX 78669, with an adjusted value of $471,969; a strong comparable. Based on 5 relevant data points in BRIARCLIFF INC, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
