After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $481,642. Pricing this home between $523,000 and $525,000 would put it in the competitive sweet spot for SPICEWOOD. This home's position in the current SPICEWOOD market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The active market in SPICEWOOD includes 7 comparable homes priced from $419,000 to $699,900. Market data shows SPICEWOOD prices risen 39.2% over the last half year. The closest comparable sale, 9518 Topridge DR # 13, Austin TX 78750 at an adjusted $464,294, is with a larger floor plan. The comp data here (3 sales in SPICEWOOD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
