3 recent sales within half a mile of this address suggest a current value of $491,538. My recommended list price range for this property would be $332,000 to $342,000. Against 2 similar active listings in BRIARCLIFF INC, this price point lands at the most expensive of 2 comparable homes on the market. Being 163 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2013, this home is 6 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 2 comparable homes in BRIARCLIFF INC; a buyer's market based on recent absorption. In BRIARCLIFF INC, home values have fallen approximately 15.2% over the past 6 months. One of the strongest data points is 206 Cargill DR, Spicewood TX 78669, adjusting to $649,000; a strong comparable. Based on 3 relevant data points in BRIARCLIFF INC, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
