19915 Scenic DR, Spicewood TX 78669

After reviewing 7 recent transactions in ESTATES EDGEWATER BEACH, I estimate this property's value at $1,016,345. A competitive list price for this home right now would fall in the $756,000 to $766,000 range. This home's position in the current ESTATES EDGEWATER BEACH market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. The larger lot (1.54 acres versus the area average of 0.76) contributes to the valuation. Current inventory shows 7 comparable homes in ESTATES EDGEWATER BEACH; a buyer's market based on recent absorption. Prices in 78669 have fallen 13.8% over the last 6 months. A similar home at 19634 Thurman Bend RD, Spicewood TX 78669 carries an adjusted comparable value of $1,004,793, providing a strong data point. With 7 comparable sales in ESTATES EDGEWATER BEACH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group