112 Mari LN, Spicewood TX 78669

The estimated value of this property is $297,403, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $173,000 and $183,000. In the current SPICEWOOD BEACH market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The smaller floor plan (457 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1979, this home is 12 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in SPICEWOOD BEACH (a buyer's market), competition is a factor to consider. Recent trends in 78669 show home values have fallen 14% since 6 months ago. The most comparable recent sale is 201 Laurel LN, Spicewood TX 78669, with an adjusted value of $186,359; a strong comparable. Based on 7 relevant data points in SPICEWOOD BEACH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX