My analysis of 7 comparable properties puts this home's estimated value at $544,344. Based on how the local market is moving, a list price between $591,000 and $595,000 would position this home well. This would position the home competitively among 5 active listings in BRIARCLIFF INC. The 148 sqft size difference versus comparable sales is reflected in the adjusted values. The active market in BRIARCLIFF INC includes 5 comparable homes priced from $599,000 to $750,000. The 6 month price trend in BRIARCLIFF INC: fallen 1.9%. The best comp here is 813 Newport DR, Spicewood TX 78669 at an adjusted value of $719,308, a strong comparable. The comp data here (7 sales in BRIARCLIFF INC) 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