1216 Cliffview DR, Spicewood TX 78669

After reviewing 7 recent transactions in CLIFF VIEW, I estimate this property's value at $796,840. A competitive list price for this home right now would fall in the $488,000 to $498,000 range. This home's position in the current CLIFF VIEW market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 12 years newer than typical comps, the 2012 build date influences the valuation. The smaller lot (1.04 acres versus the area average of 1.85) contributes to the valuation. Right now, 7 similar properties are competing for buyers in CLIFF VIEW, listed between $495,000 and $1,149,900. Prices in 78669 have risen 0.7% over the last 6 months. A similar home at 2201 Improver RD, Spicewood TX 78669 carries an adjusted comparable value of $685,138, providing a strong data point. With 7 comparable sales in CLIFF VIEW, 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