12516 CR 404, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $520,716. Based on how the local market is moving, a list price between $518,000 and $548,000 would position this home well. This pricing would rank the home as no active comparable homes on the market in 78669's current inventory. This home's smaller footprint (592 sqft vs the comp average) plays a role in how the market prices it. The larger lot (14.00 acres versus the area average of 2.81) contributes to the valuation. The 6 month price trend in 78669: fallen 5.5%. The best comp here is 2000 Kahala Sunset DR, Spicewood TX 78669 at an adjusted value of $470,771, with a larger floor plan. With 7 comparable sales in 78669, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group