After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $925,587. Pricing this home between $898,000 and $953,000 would put it in the competitive sweet spot for THURMAN BEND ESTATES. This pricing would rank the home as the most affordable of 2 comparable homes on the market in THURMAN BEND ESTATES's current inventory. At 698 sqft larger than the typical comp, the size difference factors into the valuation. At 12 years newer than typical comps, the 2006 build date influences the valuation. Current inventory shows 2 comparable homes in THURMAN BEND ESTATES; a buyer's market based on recent absorption. Market data shows 78669 prices risen 18.5% over the last half year. The closest comparable sale, 20608 Thurman Bend RD, Spicewood TX 78669 at an adjusted $1,017,824, is with a larger floor plan. With 6 comparable sales in THURMAN BEND ESTATES, 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
