1212 Likeness RD, Spicewood TX 78669

The market data from 7 similar recent sales in 78669 points to a value of approximately $889,207. To sell within a reasonable timeframe at fair market value, the $1,087,000 to $1,157,000 range is where I'd position this. With 3 comparable homes on the market in 78669, this price positions the property as the most affordable of 3 comparable homes on the market. This home's larger footprint (188 sqft vs the comp average) plays a role in how the market prices it. At 5.00 acres, the lot is larger than the 2.71 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in 78669, ranging from $1,195,000 to $1,400,000. In 78669, home values have fallen approximately 13.5% over the past 6 months. One of the strongest data points is 22207 Moulin DR, Spicewood TX 78669, adjusting to $747,836; with a smaller 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