101 Chaparral CIR, Spicewood TX 78669

The estimated value of this property is $1,285,697, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,247,000 and $1,324,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in OAKS SPICEWOOD. This home's larger footprint (1,494 sqft vs the comp average) plays a role in how the market prices it. The 5.00 acre lot (larger than the 3.47 acre average) is reflected in the estimate. The active market in OAKS SPICEWOOD includes 1 comparable homes priced from $1,675,000 to $1,675,000. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 115 Hidden Hills DR, Spicewood TX 78669, with an adjusted value of $1,990,088; with a smaller floor plan and a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group