19600 Summit Glory TRL, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $785,881. For a well positioned listing in SUMMIT LAKE, I'd target the $899,000 to $918,000 range. In the current SUMMIT LAKE market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 140 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.25 acres, the lot is smaller than the 1.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SUMMIT LAKE; a buyer's market based on recent absorption. Recent trends in 78669 show home values have risen 18.5% since 6 months ago. The most comparable recent sale is 2412 Skywalk LN # 52, Spicewood TX 78669, with an adjusted value of $647,085; 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