The market data from 7 similar recent sales in BRIARCLIFF INC points to a value of approximately $421,365. To sell within a reasonable timeframe at fair market value, the $442,000 to $449,000 range is where I'd position this. Against 5 similar active listings in BRIARCLIFF INC, this price point lands at the 3rd most expensive of 5 comparable homes on the market. At 0.32 acres, the lot is smaller than the 0.36 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in BRIARCLIFF INC, ranging from $380,000 to $620,000. In BRIARCLIFF INC, home values have fallen approximately 1.9% over the past 6 months. One of the strongest data points is 1058 Daviot DR, Spicewood TX 78669, adjusting to $387,033; with a smaller floor plan. The 7 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
