104 Caleb CT, Spicewood TX 78669

Based on 3 closed sales in SPICEWOOD, the data points to a value around $1,203,129 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,179,000 to $1,227,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in SPICEWOOD's current inventory. This home's larger footprint (569 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 3 comparable homes in SPICEWOOD; a buyer's market based on recent absorption. Market data shows SPICEWOOD prices risen 25% over the last half year. The closest comparable sale, 705 Spicewood Trails DR, Spicewood TX 78669 at an adjusted $1,018,885, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in SPICEWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group