201 Broken Arrow DR, Spicewood TX 78669

The market data from 7 similar recent sales in LAKESIDE BEACH points to a value of approximately $379,085. To sell within a reasonable timeframe at fair market value, the $372,000 to $387,000 range is where I'd position this. Among the similar homes currently available in LAKESIDE BEACH, this price point stands out as competitive. The 289 sqft size difference versus comparable sales is reflected in the adjusted values. The 1978 construction puts this home 25 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in LAKESIDE BEACH; a buyer's market based on recent absorption. In LAKESIDE BEACH, home values have risen approximately 69.2% over the past 6 months. One of the strongest data points is 118 Midnight Sun DR, Spicewood TX 78669, adjusting to $339,050; with a smaller floor plan. 7 comparable transactions in LAKESIDE BEACH 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