22214 Briarcliff DR, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $496,366. For a well positioned listing in 78669, I'd target the $422,000 to $432,000 range. Against 1 similar active listings in 78669, this price point lands at below the only comparable home currently on the market. This home's smaller footprint (740 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 1.26 acre comp average, which factors into pricing. With 1 similar homes currently listed in 78669 (a buyer's market), competition is a factor to consider. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 519 Cowal DR S, Spicewood TX 78669, with an adjusted value of $283,237; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group