20110 Colby Hill DR, Spicewood TX 78669

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $704,873. Pricing this home between $995,000 and $1,122,000 would put it in the competitive sweet spot for SIESTA SHORES. Relative to what's currently available in SIESTA SHORES, this home would be the 2nd least expensive of 4 comparable homes on the market. The larger lot (1.01 acres versus the area average of 0.68) contributes to the valuation. Current inventory shows 4 comparable homes in SIESTA SHORES; a buyer's market based on recent absorption. Market data shows 78669 prices risen 1.7% over the last half year. The closest comparable sale, 20106 Moon Dance LN, Spicewood TX 78669 at an adjusted $553,243, is with a pool. With 7 comparable sales in SIESTA SHORES, 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