Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,249,050. To generate strong buyer interest while maximizing value, I'd price this between $1,684,000 and $1,694,000. In the current TRAVIS SETTLEMENT market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (690 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 1 of 3 comparable sales didn't include one. The active market in TRAVIS SETTLEMENT includes 7 comparable homes priced from $1,500,000 to $2,985,000. The trend in TRAVIS SETTLEMENT shows prices have fallen 66.8% in the past 6 months. 4600 Wild Cow CV, Spicewood TX 78669 nearby adjusts to $2,836,093; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
