129 Rachel WAY, Spicewood TX 78669

After reviewing 7 recent transactions in SPICEWOOD BEACH, I estimate this property's value at $622,402. A competitive list price for this home right now would fall in the $507,000 to $517,000 range. This would position the home competitively among 7 active listings in SPICEWOOD BEACH. The 547 sqft size difference versus comparable sales is reflected in the adjusted values. At 12 years older than typical comps, the 1980 build date influences the valuation. There are currently 7 similar homes on the market in SPICEWOOD BEACH, ranging from $469,000 to $1,188,000. Prices in 78669 have fallen 10% over the last 6 months. A similar home at 223 Golf Course DR, Spicewood TX 78669 carries an adjusted comparable value of $359,890, providing a strong data point. With 7 comparable sales in SPICEWOOD BEACH, 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