206 Lonesome Dove TRL, Spicewood TX 78669

After reviewing 3 recent transactions in LAKE OAKS, I estimate this property's value at $557,441. A competitive list price for this home right now would fall in the $257,000 to $267,000 range. Buyers shopping in LAKE OAKS right now would see this as a well positioned option among 7 comparable homes. Being 104 sqft larger than the average comparable sale in this area impacts the per square foot value. The smaller lot (1.50 acres versus the area average of 2.04) contributes to the valuation. Right now, 7 similar properties are competing for buyers in LAKE OAKS, listed between $224,990 and $625,000. Prices in 78669 have fallen 13.3% over the last 6 months. A similar home at 405 Lake View DR, Spicewood TX 78669 carries an adjusted comparable value of $582,277, providing a strong data point. With 3 comparable sales in LAKE OAKS, 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