1219 Overlook CIR, Spicewood TX 78669

The market data from 7 similar recent sales in EDGEWATER BEACH points to a value of approximately $636,177. To sell within a reasonable timeframe at fair market value, the $493,000 to $503,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in EDGEWATER BEACH. The 2007 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.28 acres, the lot is smaller than the 0.64 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in EDGEWATER BEACH; a buyer's market based on recent absorption. In 78669, home values have risen approximately 17.3% over the past 6 months. One of the strongest data points is 19213 Lost Tree BLVD, Spicewood TX 78669, adjusting to $615,544; with a larger floor plan. 7 comparable transactions in EDGEWATER BEACH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group