149 Travis LN, Spicewood TX 78669

The market data from 7 similar recent sales in SPICEWOOD BEACH points to a value of approximately $371,195. To sell within a reasonable timeframe at fair market value, the $444,000 to $446,000 range is where I'd position this. With 7 comparable homes on the market in SPICEWOOD BEACH, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 2007 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.21 acres, the lot is smaller than the 0.48 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in SPICEWOOD BEACH, listed between $350,000 and $679,000. In 78669, home values have fallen approximately 13.7% over the past 6 months. One of the strongest data points is 112 Mari LN, Spicewood TX 78669, adjusting to $344,339; 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