1215 Lake Shore DR, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $737,530. I'd recommend coming to market at $908,000 to $1,080,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in LAGUNA VISTA, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Built in 2019, this home is 13 years newer than the average comp, which is reflected in the adjustments. The 1.26 acre lot (larger than the 1.14 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in LAGUNA VISTA; a buyer's market based on recent absorption. The trend in 78669 shows prices have fallen 12% in the past 6 months. 1223 Lake Shore DR, Spicewood TX 78669 nearby adjusts to $866,053; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group