Ed's Opinion of Value

$388,357 Ed's Estimate: $427,462 $620,000
Lowest Comp Recommended List: $454,000 to $466,000 Highest Comp
The market data from 5 similar recent sales in BRIARCLIFF INC points to a value of approximately $427,462. To sell within a reasonable timeframe at fair market value, the $454,000 to $466,000 range is where I'd position this. Against 5 similar active listings in BRIARCLIFF INC, this price point lands at the 2nd least expensive of 5 comparable homes on the market. The 2016 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.30 acres, the lot is smaller than the 0.34 acre comp average, which factors into pricing. 5 similar homes are currently available in BRIARCLIFF INC, creating a buyer's market for this price range. In BRIARCLIFF INC, home values have risen approximately 5.9% over the past 6 months. One of the strongest data points is 22340 Briarcliff DR, Spicewood TX 78669, adjusting to $388,357; 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
3 Beds
3 Baths
1,891 Sq Ft
0.3 Acres
2016 Built

About This Property

Restrictions: Yes

Location

Schools

School District Lake Travis ISD
Middle School Lake Travis

Property Details

Property Type Residential
Heating None
Exterior None
County Travis
MLS # 5833215

Listing History

MLS# 5833215
Aug 9, 2016 Off Market
Jul 29, 2016 Listed $309,000

Frequently Asked Questions About 508 Fife DR, Spicewood TX 78669

When was 508 Fife DR, Spicewood TX 78669 built?

508 Fife DR, Spicewood TX 78669 was built in 2016.

How much does 508 Fife DR, Spicewood TX 78669 cost?

508 Fife DR, Spicewood TX 78669 sold on August 9, 2016. Contact us for sale price details.

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