Based on 4 closed sales in POINT RIDGE HARBOR, the data points to a value around $861,514 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $629,000 to $639,000. Buyers shopping in POINT RIDGE HARBOR right now would see this as a well positioned option among 7 comparable homes. At 217 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.48 acres versus 0.57 for the typical comp. There are currently 7 similar homes on the market in POINT RIDGE HARBOR, ranging from $649,000 to $1,210,000. Market data shows 78669 prices fallen 13.8% over the last half year. The closest comparable sale, 613 Wesley Ridge DR, Spicewood TX 78669 at an adjusted $824,885, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in POINT RIDGE HARBOR. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
