19513 Summit Glory TRL, Spicewood TX 78669

After reviewing 7 recent transactions in SUMMIT LAKE RESIDENT, I estimate this property's value at $540,708. A competitive list price for this home right now would fall in the $457,000 to $467,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in SUMMIT LAKE RESIDENT's current inventory. At 111 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.11 acres versus the area average of 0.47) contributes to the valuation. Current inventory shows 7 comparable homes in SUMMIT LAKE RESIDENT; a buyer's market based on recent absorption. Prices in 78669 have risen 16.7% over the last 6 months. A similar home at 19519 Summit Glory TRL # 101, Spicewood TX 78669 carries an adjusted comparable value of $611,383, providing a strong data point. The comp data here (7 sales in SUMMIT LAKE RESIDENT) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus