The market data from 6 similar recent sales in BRIARCLIFF INC points to a value of approximately $413,626. To sell within a reasonable timeframe at fair market value, the $480,000 to $481,000 range is where I'd position this. Against 5 similar active listings in BRIARCLIFF INC, this price point lands at the most affordable of 5 comparable homes on the market. The 190 sqft size difference versus comparable sales is reflected in the adjusted values. There are currently 5 similar homes on the market in BRIARCLIFF INC, ranging from $479,000 to $575,000. In BRIARCLIFF INC, home values have fallen approximately 15.2% over the past 6 months. One of the strongest data points is 22340 Briarcliff DR, Spicewood TX 78669, adjusting to $371,697; with a larger floor plan. The 6 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
