1135 Lakeshore DR, Spicewood TX 78669

The estimated value of this property is $592,644, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $387,000 and $397,000. With 3 comparable homes on the market in LAGUNA VISTA, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (1,012 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.61 acre lot (smaller than the 1.21 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in LAGUNA VISTA; a buyer's market based on recent absorption. Recent trends in 78669 show home values have fallen 5.5% since 6 months ago. The most comparable recent sale is 913 Lake Shore DR, Spicewood TX 78669, with an adjusted value of $615,889; with a larger floor plan. 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