20217 THURMAN BEND RD, Spicewood TX 78669

The estimated value of this property is $3,127,720, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $2,697,000 and $2,707,000. In the current 78669 market with 1 similar homes available, this price represents below the only comparable home currently on the market. Being 2,122 sqft larger than the average comparable sale in this area impacts the per square foot value. The 15.19 acre lot (larger than the 2.84 acre average) is reflected in the estimate. Right now, 1 similar properties are competing for buyers in 78669, listed between $2,150,000 and $2,150,000. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 2005 Ruffian Heights LN, Spicewood TX 78669, with an adjusted value of $4,688,449; with a larger floor plan. Based on 7 relevant data points in 78669, 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