19516 Sandcastle DR, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,094,589. I'd recommend coming to market at $835,000 to $845,000 to strike the right balance between value and market velocity. In the current COVES market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. At 218 sqft smaller than the typical comp, the size difference factors into the valuation. The 2.64 acre lot (larger than the 1.12 acre average) is reflected in the estimate. 2 similar homes are currently available in COVES, creating a buyer's market for this price range. The trend in 78669 shows prices have risen 10.3% in the past 6 months. 301 Crane ST, Austin TX 78734 nearby adjusts to $752,908; with a larger floor plan. Based on 7 relevant data points in COVES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX