1251 Lake Shore DR, Spicewood TX 78669

The market data from 7 similar recent sales in LAGUNA VISTA points to a value of approximately $873,133. To sell within a reasonable timeframe at fair market value, the $932,000 to $1,204,000 range is where I'd position this. Against 2 similar active listings in LAGUNA VISTA, this price point lands at the most affordable of 2 comparable homes on the market. This home's larger footprint (845 sqft vs the comp average) plays a role in how the market prices it. At 1.35 acres, the lot is larger than the 1.21 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in LAGUNA VISTA, listed between $1,249,000 and $1,925,000. In 78669, home values have fallen approximately 13.7% over the past 6 months. One of the strongest data points is 1215 Lake Shore DR, Spicewood TX 78669, adjusting to $932,259; a strong comparable. 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