1204 Rivercliff DR, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $1,258,462. Based on how the local market is moving, a list price between $1,326,000 and $1,389,000 would position this home well. Buyers shopping in 78669 right now would see this as a well positioned option among 2 comparable homes. The larger floor plan (531 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (4.17 acres versus the area average of 0.85) contributes to the valuation. 2 similar homes are currently available in 78669, creating a buyer's market for this price range. The 6 month price trend in 78669: fallen 13.7%. The best comp here is 25108 Colorado Canyon DR, Marble Falls TX 78654 at an adjusted value of $1,389,053, with a smaller 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