19600 Single Peak CV, Spicewood TX 78669

The market data from 7 similar recent sales in 78669 points to a value of approximately $2,111,892. To sell within a reasonable timeframe at fair market value, the $2,486,000 to $2,500,000 range is where I'd position this. With 7 comparable homes on the market in 78669, this price positions the property as the most affordable of 7 comparable homes on the market. The 232 sqft size difference versus comparable sales is reflected in the adjusted values. The 2002 construction puts this home 17 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in 78669 (a buyer's market), competition is a factor to consider. In 78669, home values have fallen approximately 5.9% over the past 6 months. One of the strongest data points is 8701 Bellancia DR, Austin TX 78738, adjusting to $2,047,611; with a larger floor plan. The 7 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