1221 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 $741,530. I'd recommend coming to market at $719,000 to $764,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in LAGUNA VISTA, this price positions the property as below the only comparable home currently on the market. This home's larger footprint (567 sqft vs the comp average) plays a role in how the market prices it. Built in 1970, this home is 35 years older than the average comp, which is reflected in the adjustments. With 1 similar homes currently listed in LAGUNA VISTA (a buyer's market), competition is a factor to consider. The trend in 78669 shows prices have fallen 13.5% in the past 6 months. 1223 Lake Shore DR, Spicewood TX 78669 nearby adjusts to $696,633; with a smaller floor plan. Based on 7 relevant data points in LAGUNA VISTA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX