1405 Edgewater DR, Spicewood TX 78669

Based on 7 closed sales in EDGEWATER BEACH, the data points to a value around $537,525 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $738,000 to $971,000. This would position the home competitively among 7 active listings in EDGEWATER BEACH. Being built in 1983 (20 years older than comps) is factored into the value estimate. Lot size matters here: 0.66 acres versus 0.75 for the typical comp. The active market in EDGEWATER BEACH includes 7 comparable homes priced from $575,000 to $2,199,000. Market data shows 78669 prices fallen 4.7% over the last half year. The closest comparable sale, 20815 Colorado DR W, Spicewood TX 78669 at an adjusted $559,139, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in EDGEWATER BEACH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group