22227 Briarcliff DR, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $552,015. Based on how the local market is moving, a list price between $316,000 and $326,000 would position this home well. This home's position in the current 78669 market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 558 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.45 acres versus the area average of 1.20) contributes to the valuation. There are currently 7 similar homes on the market in 78669, ranging from $340,000 to $3,750,000. The 6 month price trend in 78669: fallen 10%. The best comp here is 519 Cowal DR S, Spicewood TX 78669 at an adjusted value of $355,309, with a smaller floor plan. With 7 comparable sales in 78669, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group