20205 MOON DANCE LN, Spicewood TX 78669

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $674,405. Pricing this home between $515,000 and $525,000 would put it in the competitive sweet spot for SIESTA SHORES. This home's position in the current SIESTA SHORES market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 10 years newer than typical comps, the 2019 build date influences the valuation. The larger lot (1.06 acres versus the area average of 0.55) contributes to the valuation. Current inventory shows 3 comparable homes in SIESTA SHORES; a buyer's market based on recent absorption. Market data shows 78669 prices fallen 17% over the last half year. The closest comparable sale, 20313 Siesta Shores DR, Spicewood TX 78669 at an adjusted $1,056,203, is with a smaller floor plan. 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