19507 Summit Glory TRL, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $830,718. Based on how the local market is moving, a list price between $682,000 and $692,000 would position this home well. Relative to what's currently available in SUMMIT LAKE, this home would be the 4th most expensive of 7 comparable homes on the market. Having a pool is a plus; 6 of the 7 comps lacked one. The smaller lot (0.11 acres versus the area average of 0.34) contributes to the valuation. With 7 similar homes currently listed in SUMMIT LAKE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78669: risen 18.5%. The best comp here is 233 Sumalt Gap WAY, Austin TX 78738 at an adjusted value of $1,035,362, a strong comparable. With 7 comparable sales in SUMMIT LAKE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group