126 Travis LN, Spicewood TX 78669

The market data from 7 similar recent sales in SPICEWOOD BEACH points to a value of approximately $348,081. To sell within a reasonable timeframe at fair market value, the $163,000 to $173,000 range is where I'd position this. With 3 comparable homes on the market in SPICEWOOD BEACH, this price positions the property as the most expensive of 3 comparable homes on the market. The 656 sqft size difference versus comparable sales is reflected in the adjusted values. The 1985 construction puts this home 9 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in SPICEWOOD BEACH; a buyer's market based on recent absorption. In 78669, home values have fallen approximately 13.7% over the past 6 months. One of the strongest data points is 223 Golf Course DR, Spicewood TX 78669, adjusting to $229,357; with a larger floor plan. 7 comparable transactions in SPICEWOOD BEACH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group