202 Travis LN, Spicewood TX 78669

The estimated value of this property is $344,128, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $168,000 and $178,000. In the current SPICEWOOD BEACH market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. At 583 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2007, this home is 7 years newer than the average comp, which is reflected in the adjustments. 5 similar homes are currently available in SPICEWOOD BEACH, creating a buyer's market for this price range. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 201 Laurel LN, Spicewood TX 78669, with an adjusted value of $182,808; a strong comparable. Based on 7 relevant data points in SPICEWOOD BEACH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX