The comparable sales data (3 recent transactions in TRAVIS SETTLEMENT) supports an estimated value of $840,841. The data suggests a list price between $816,000 and $866,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as below the only comparable home currently on the market in TRAVIS SETTLEMENT's current inventory. This home's smaller footprint (322 sqft vs the comp average) plays a role in how the market prices it. Being built in 2001 (5 years older than comps) is factored into the value estimate. Right now, 1 similar properties are competing for buyers in TRAVIS SETTLEMENT, listed between $1,095,000 and $1,095,000. Prices in TRAVIS SETTLEMENT have fallen 56.5% over the last 6 months. A similar home at 4005 Skillet CV, Spicewood TX 78669 carries an adjusted comparable value of $889,215, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in TRAVIS SETTLEMENT. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
