137 Spencer LN, Spicewood TX 78669

The market data from 3 similar recent sales in SPICEWOOD BEACH points to a value of approximately $559,532. To sell within a reasonable timeframe at fair market value, the $262,000 to $272,000 range is where I'd position this. Against 5 similar active listings in SPICEWOOD BEACH, this price point lands at the 2nd most expensive of 5 comparable homes on the market. At 2.45 acres, the lot is larger than the 1.86 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in SPICEWOOD BEACH, ranging from $224,990 to $625,000. In 78669, home values have fallen approximately 13.7% over the past 6 months. One of the strongest data points is 409 Lake View DR, Spicewood TX 78669, adjusting to $629,223; a strong comparable. 3 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