2009 Kahala Sunset DR, Spicewood TX 78669

After reviewing 7 recent transactions in LAKECLIFF, I estimate this property's value at $446,357. A competitive list price for this home right now would fall in the $508,000 to $557,000 range. Relative to what's currently available in LAKECLIFF, this home would be the 2nd most expensive of 3 comparable homes on the market. Being 286 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.21 acres versus the area average of 0.32) contributes to the valuation. With 3 similar homes currently listed in LAKECLIFF (a balanced market), competition is a factor to consider. A similar home at 318 Coventry RD, Spicewood TX 78669 carries an adjusted comparable value of $396,229, providing a strong data point. With 7 comparable sales in LAKECLIFF, 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