After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $995,733. Pricing this home between $872,000 and $882,000 would put it in the competitive sweet spot for BARTON CREEK LAKESIDE. This would position the home competitively among 3 active listings in BARTON CREEK LAKESIDE. At 141 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.44 acres versus the area average of 2.47) contributes to the valuation. Current inventory shows 3 comparable homes in BARTON CREEK LAKESIDE; a buyer's market based on recent absorption. Market data shows BARTON CREEK LAKESIDE prices risen 32% over the last half year. The closest comparable sale, 27107 Waterfall Hill PKWY, Spicewood TX 78669 at an adjusted $1,002,837, is with a larger floor plan. With 7 comparable sales in BARTON CREEK LAKESIDE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
