19024 HORNSBY LN, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $801,120. I'd recommend coming to market at $777,000 to $825,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in HOOD-DAVIS, this price positions the property as below the only comparable home currently on the market. The 4.26 acre lot (larger than the 0.30 acre average) is reflected in the estimate. Current inventory shows 1 comparable homes in HOOD-DAVIS; a buyer's market based on recent absorption. The trend in 78669 shows prices have risen 10.3% in the past 6 months. 5216 Palermo DR, Austin TX 78738 nearby adjusts to $704,690; 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