201 West TRL, Spicewood TX 78669

The market data from 7 similar recent sales in DOUBLE HORN points to a value of approximately $1,146,189. To sell within a reasonable timeframe at fair market value, the $1,112,000 to $1,181,000 range is where I'd position this. In the current DOUBLE HORN market with 1 similar homes available, this price represents below the only comparable home currently on the market. The larger floor plan (1,036 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2005 construction puts this home 9 years older than the comp average, a factor in the pricing. With 1 similar homes currently listed in DOUBLE HORN (a buyer's market), competition is a factor to consider. In DOUBLE HORN, home values have fallen approximately 36% over the past 6 months. One of the strongest data points is 120 Oak Meadow TRL, Spicewood TX 78669, adjusting to $1,002,678; with a smaller floor plan. 7 comparable transactions in DOUBLE HORN 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