204 Terrace DR, Spicewood TX 78669

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $277,327. To generate strong buyer interest while maximizing value, I'd price this between $158,000 and $168,000. In the current SPICEWOOD BEACH market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The 617 sqft size difference versus comparable sales is reflected in the adjusted values. The 1970 construction puts this home 21 years older than the comp average, a factor in the pricing. 2 similar homes are currently available in SPICEWOOD BEACH, creating a buyer's market for this price range. The trend in 78669 shows prices have fallen 14.8% in the past 6 months. 405 Lake View DR, Spicewood TX 78669 nearby adjusts to $438,416; with a larger floor plan. 7 comparable transactions in SPICEWOOD BEACH 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