19613 Summit Glory TRL, Spicewood TX 78669

The market data from 7 similar recent sales in SUMMIT LAKE points to a value of approximately $540,883. To sell within a reasonable timeframe at fair market value, the $638,000 to $664,000 range is where I'd position this. With 7 comparable homes on the market in SUMMIT LAKE, this price positions the property as the most affordable of 7 comparable homes on the market. At 0.19 acres, the lot is smaller than the 0.41 acre comp average, which factors into pricing. 7 similar homes are currently available in SUMMIT LAKE, creating a buyer's market for this price range. In 78669, home values have risen approximately 17.8% over the past 6 months. One of the strongest data points is 18917 Grape Seed CV, Austin TX 78738, adjusting to $591,354; a strong comparable. 7 comparable transactions in SUMMIT LAKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group