131 Mari LN, Spicewood TX 78669

The market data from 7 similar recent sales in SPICEWOOD BEACH points to a value of approximately $346,801. To sell within a reasonable timeframe at fair market value, the $264,000 to $274,000 range is where I'd position this. Among the similar homes currently available in SPICEWOOD BEACH, this price point stands out as competitive. The 1990 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.11 acres, the lot is smaller than the 0.45 acre comp average, which factors into pricing. 7 similar homes are currently available in SPICEWOOD BEACH, creating a buyer's market for this price range. In SPICEWOOD BEACH, home values have fallen approximately 18.1% over the past 6 months. One of the strongest data points is 223 Golf Course DR, Spicewood TX 78669, adjusting to $276,206; a strong comparable. 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