My analysis of 6 comparable properties puts this home's estimated value at $564,132. Based on how the local market is moving, a list price between $481,000 and $491,000 would position this home well. This would position the home competitively among 6 active listings in BRIARCLIFF INC. The 181 sqft size difference versus comparable sales is reflected in the adjusted values. The active market in BRIARCLIFF INC includes 6 comparable homes priced from $474,900 to $750,000. The 6 month price trend in BRIARCLIFF INC: fallen 12.7%. The best comp here is 813 Newport DR, Spicewood TX 78669 at an adjusted value of $719,390, a strong comparable. The comp data here (6 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