After reviewing 7 recent transactions in BEE CREEK RANCHETTES, I estimate this property's value at $1,434,986. A competitive list price for this home right now would fall in the $1,553,000 to $1,864,000 range. This home's position in the current BEE CREEK RANCHETTES market: the most affordable of 2 comparable homes on the market among comparable properties. This home's smaller footprint (203 sqft vs the comp average) plays a role in how the market prices it. The larger lot (4.82 acres versus the area average of 2.85) contributes to the valuation. Buyers in BEE CREEK RANCHETTES have 2 comparable options right now, with asking prices between $1,686,820 and $1,750,000. Prices in 78669 have risen 10.4% over the last 6 months. A similar home at 20608 Thurman Bend RD, Spicewood TX 78669 carries an adjusted comparable value of $1,252,063, providing a strong data point. The comp data here (7 sales in BEE CREEK RANCHETTES) 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