709 Newport DR, Spicewood TX 78669

The estimated value of this property is $489,444, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $551,000 and $594,000. In the current BRIARCLIFF INC market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. The 206 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.52 acre lot (larger than the 0.42 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in BRIARCLIFF INC; a buyer's market based on recent absorption. Recent trends in BRIARCLIFF INC show home values have fallen 21.9% since 6 months ago. The most comparable recent sale is 403 Rogart DR, Spicewood TX 78669, with an adjusted value of $459,526; a strong comparable. Based on 7 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