113 Crest DR, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $364,486. Based on how the local market is moving, a list price between $230,000 and $240,000 would position this home well. This home's position in the current SPICEWOOD BEACH market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The smaller floor plan (168 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.40 acres versus the area average of 1.02) contributes to the valuation. The active market in SPICEWOOD BEACH includes 4 comparable homes priced from $224,990 to $625,000. The 6 month price trend in 78669: fallen 13.7%. The best comp here is 4110 County Road 410, Spicewood TX 78669 at an adjusted value of $182,284, with a larger floor plan. With 7 comparable sales in SPICEWOOD BEACH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group