1231 County Road 420, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $670,595. I'd recommend coming to market at $993,000 to $1,190,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in SHADY CREEK RANCHES, this price positions the property as the most affordable of 3 comparable homes on the market. Built in 2016, this home is 7 years older than the average comp, which is reflected in the adjustments. The 1.00 acre lot (larger than the 0.60 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in SHADY CREEK RANCHES, ranging from $1,170,000 to $1,276,000. The trend in 78669 shows prices have fallen 5.5% in the past 6 months. 1949 Art Adams WAY, Spicewood TX 78669 nearby adjusts to $993,395; a strong comparable. Based on 7 relevant data points in SHADY CREEK RANCHES, 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