19601 Sandcastle DR, Spicewood TX 78669

The market data from 7 similar recent sales in COVES points to a value of approximately $1,771,564. To sell within a reasonable timeframe at fair market value, the $1,718,000 to $1,825,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in COVES. This home's larger footprint (489 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. The active market in COVES includes 1 comparable homes priced from $1,850,000 to $1,850,000. In 78669, home values have fallen approximately 20% over the past 6 months. One of the strongest data points is 19801 Angel Bay DR, Spicewood TX 78669, adjusting to $2,198,800; 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