My analysis of 7 comparable properties puts this home's estimated value at $421,366. Based on how the local market is moving, a list price between $436,000 and $437,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in BRIARCLIFF INC's current inventory. This home's smaller footprint (109 sqft vs the comp average) plays a role in how the market prices it. The active market in BRIARCLIFF INC includes 4 comparable homes priced from $380,000 to $490,000. The 6 month price trend in BRIARCLIFF INC: risen 5.9%. The best comp here is 1058 Daviot DR, Spicewood TX 78669 at an adjusted value of $380,326, a strong comparable. With 7 comparable sales in BRIARCLIFF INC, 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
