115 Elizabeth DR, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $256,120. For a well positioned listing in SPICEWOOD BEACH, I'd target the $248,000 to $264,000 range. Against 1 similar active listings in SPICEWOOD BEACH, this price point lands at below the only comparable home currently on the market. Being 999 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.23 acres, the lot is smaller than the 0.42 acre comp average, which factors into pricing. Right now, 1 similar properties are competing for buyers in SPICEWOOD BEACH, listed between $249,900 and $249,900. Recent trends in SPICEWOOD BEACH show home values have fallen 18.1% since 6 months ago. The most comparable recent sale is 223 Golf Course DR, Spicewood TX 78669, with an adjusted value of $235,124; with a larger floor plan. 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