114 Margot PL, Spicewood TX 78669

Based on 3 closed sales in SPICEWOOD BEACH, the data points to a value around $347,906 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $120,000 to $130,000. This home's position in the current SPICEWOOD BEACH market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (372 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1982 (13 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in SPICEWOOD BEACH (a buyer's market), competition is a factor to consider. The closest comparable sale, 223 Golf Course DR, Spicewood TX 78669 at an adjusted $245,630, is with a larger floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus