19408 Tabasco Cat TRL # 21, Spicewood TX 78669

The market data from 7 similar recent sales in RESERVE LAKE points to a value of approximately $637,328. To sell within a reasonable timeframe at fair market value, the $801,000 to $849,000 range is where I'd position this. With 7 comparable homes on the market in RESERVE LAKE, this price positions the property as the most affordable of 7 comparable homes on the market. This home's larger footprint (176 sqft vs the comp average) plays a role in how the market prices it. At 0.37 acres, the lot is smaller than the 0.46 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in RESERVE LAKE; a buyer's market based on recent absorption. In 78669, home values have risen approximately 6.5% over the past 6 months. One of the strongest data points is 923 N Debco LN, Spicewood TX 78669, adjusting to $681,269; with a smaller floor plan. 7 comparable transactions in RESERVE LAKE 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