Taking into account 4 nearby comparable sales, this property's estimated value comes to $1,081,664. If we were to list this property today, I'd recommend a list price in the $1,060,000 to $1,103,000 range. Relative to what's currently available in RIDGE HARBOR, this home would be the most affordable of 3 comparable homes on the market. At 455 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2000 (5 years older than comps) is factored into the value estimate. There are currently 3 similar homes on the market in RIDGE HARBOR, ranging from $1,259,900 to $1,999,999. The 6 month price trend in 78669: risen 4.7%. The best comp here is 2405 Sailboat Pass PASS, Spicewood TX 78669 at an adjusted value of $972,336, with a smaller floor plan. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus