My analysis of 3 comparable properties puts this home's estimated value at $891,437. Based on how the local market is moving, a list price between $724,000 and $734,000 would position this home well. Relative to what's currently available in CURIOSITY CAVE, this home would be the 2nd least expensive of 4 comparable homes on the market. Being 152 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (1.28 acres versus the area average of 0.98) contributes to the valuation. Right now, 4 similar properties are competing for buyers in CURIOSITY CAVE, listed between $759,000 and $1,299,000. The 6 month price trend in 78669: fallen 10.5%. The best comp here is 4512 Diamante DR, Spicewood TX 78669 at an adjusted value of $813,134, with a larger floor plan and a pool. The comp data here (3 sales in CURIOSITY CAVE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus