1119 County Road 423, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $595,735. For a well positioned listing in OAKS SPICEWOOD, I'd target the $578,000 to $614,000 range. With 1 comparable homes on the market in OAKS SPICEWOOD, this price positions the property as below the only comparable home currently on the market. The 1995 construction puts this home 12 years older than the comp average, a factor in the pricing. At 10.30 acres, the lot is larger than the 1.39 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in OAKS SPICEWOOD; a buyer's market based on recent absorption. Recent trends in 78669 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 312 Bedford DR, Spicewood TX 78669, with an adjusted value of $482,080; a strong comparable. 7 comparable transactions in OAKS SPICEWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group