201 Flowing Springs TRL, Spicewood TX 78669

The estimated value of this property is $884,113, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,006,000 and $1,068,000. In the current DOUBLE HORN market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. This home's larger footprint (254 sqft vs the comp average) plays a role in how the market prices it. Built in 2004, this home is 7 years older than the average comp, which is reflected in the adjustments. There are currently 6 similar homes on the market in DOUBLE HORN, ranging from $825,000 to $1,395,000. Recent trends in DOUBLE HORN show home values have fallen 36% since 6 months ago. The most comparable recent sale is 501 East TRL, Spicewood TX 78669, with an adjusted value of $777,335; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group