112 Mari LN, Spicewood TX 78669

The market data from 7 similar recent sales in SPICEWOOD BEACH points to a value of approximately $429,238. To sell within a reasonable timeframe at fair market value, the $266,000 to $276,000 range is where I'd position this. With 7 comparable homes on the market in SPICEWOOD BEACH, this price positions the property as the most expensive of 7 comparable homes on the market. The 2012 construction puts this home 16 years newer than the comp average, a factor in the pricing. At 0.61 acres, the lot is larger than the 0.53 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in SPICEWOOD BEACH, listed between $275,000 and $575,000. In SPICEWOOD BEACH, home values have fallen approximately 18.1% over the past 6 months. One of the strongest data points is 223 Golf Course DR, Spicewood TX 78669, adjusting to $317,064; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group