1201 Janice LN, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $745,103. Based on how the local market is moving, a list price between $371,000 and $381,000 would position this home well. This home's position in the current 78669 market: the most expensive of 7 comparable homes on the market among comparable properties. At 1,281 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (2.05 acres versus the area average of 1.05) contributes to the valuation. The active market in 78669 includes 7 comparable homes priced from $380,000 to $774,990. The 6 month price trend in 78669: risen 18.5%. The best comp here is 340 Harbor DR, Spicewood TX 78669 at an adjusted value of $390,548, with a larger floor plan. With 7 comparable sales in 78669, 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