1811 Lakehurst RD, Spicewood TX 78669

The estimated value of this property is $641,181, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $256,000 and $266,000. Against 5 similar active listings in LAKEHURST, this price point lands at the 2nd most expensive of 5 comparable homes on the market. Built in 1958, this home is 19 years older than the average comp, which is reflected in the adjustments. The 1.64 acre lot (larger than the 0.81 acre average) is reflected in the estimate. With 5 similar homes currently listed in LAKEHURST (a buyer's market), competition is a factor to consider. Recent trends in LAKEHURST show home values have risen 27% since 6 months ago. The most comparable recent sale is 24221 Pedernales Cliff TRL # 2, Spicewood TX 78669, with an adjusted value of $395,327; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group