119 Tranquility TRL, Spicewood TX 78669

Based on 7 closed sales in SPICEWOOD, the data points to a value around $1,413,255 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,385,000 to $1,442,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in SPICEWOOD's current inventory. Being 1,293 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 7 minus 5 of the comps had one. There are currently 3 similar homes on the market in SPICEWOOD, ranging from $1,049,000 to $1,395,000. Market data shows SPICEWOOD prices risen 121.6% over the last half year. The closest comparable sale, 705 Spicewood Trails DR, Spicewood TX 78669 at an adjusted $1,285,499, is with a smaller floor plan and no pool. The strength of this estimate comes from 7 directly comparable sales in SPICEWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group