807 Rivercliff RD, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $1,200,207. For a well positioned listing in RIVERCLIFF, I'd target the $2,618,000 to $4,265,000 range. In the current RIVERCLIFF market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. Being 7,369 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2006 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 2 similar homes on the market in RIVERCLIFF, ranging from $4,500,000 to $15,950,000. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 2218 Pace Bend RD S # 2, Spicewood TX 78669, with an adjusted value of $1,059,735; with a smaller floor plan. The 5 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