1223 Lake Shore DR, Spicewood TX 78669

The market data from 7 similar recent sales in LAGUNA VISTA points to a value of approximately $699,299. To sell within a reasonable timeframe at fair market value, the $810,000 to $912,000 range is where I'd position this. With 6 comparable homes on the market in LAGUNA VISTA, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. At 1.97 acres, the lot is larger than the 0.50 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in LAGUNA VISTA, listed between $699,000 and $15,000,000. In 78669, home values have fallen approximately 12% over the past 6 months. One of the strongest data points is 1215 Lake Shore DR, Spicewood TX 78669, adjusting to $912,354; with a larger 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