19816 Sandcastle DR, Spicewood TX 78669

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,782,224. To generate strong buyer interest while maximizing value, I'd price this between $2,048,000 and $2,252,000. With 2 comparable homes on the market in COVES, this price positions the property as the most affordable of 2 comparable homes on the market. This home's larger footprint (359 sqft vs the comp average) plays a role in how the market prices it. At 2.10 acres, the lot is smaller than the 3.36 acre comp average, which factors into pricing. The active market in COVES includes 2 comparable homes priced from $1,850,000 to $2,575,000. The trend in 78669 shows prices have fallen 3.4% in the past 6 months. 19907 Angel Bay DR, Spicewood TX 78669 nearby adjusts to $2,607,346; a strong comparable. 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