10551 CR 404, Spicewood TX 78669

The estimated value of this property is $690,070, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $527,000 and $537,000. Among the similar homes currently available in 78669, this price point stands out as competitive. Built in 1982, this home is 30 years older than the average comp, which is reflected in the adjustments. The 2.50 acre lot (larger than the 1.78 acre average) is reflected in the estimate. Buyers in 78669 have 7 comparable options right now, with asking prices between $495,000 and $899,000. Recent trends in 78669 show home values have fallen 9.9% since 6 months ago. The most comparable recent sale is 388 Rees Landing RD, Spicewood TX 78669, with an adjusted value of $592,436; a strong comparable. 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