Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $455,303. To generate strong buyer interest while maximizing value, I'd price this between $442,000 and $469,000. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in BRIARCLIFF INC. The larger floor plan (129 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.61 acres, the lot is larger than the 0.46 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in BRIARCLIFF INC, ranging from $449,000 to $550,000. The trend in BRIARCLIFF INC shows prices have fallen 27.2% in the past 6 months. 403 Rogart DR, Spicewood TX 78669 nearby adjusts to $425,096; a strong comparable. The 5 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
