20600 Cordill LN, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $739,860. I'd recommend coming to market at $745,000 to $761,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in TRAVIS SETTLEMENT, this price positions the property as the most expensive of 3 comparable homes on the market. At 993 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1994, this home is 9 years older than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in TRAVIS SETTLEMENT, listed between $699,000 and $699,900. The trend in TRAVIS SETTLEMENT shows prices have fallen 45.6% in the past 6 months. 4005 Skillet CV, Spicewood TX 78669 nearby adjusts to $814,880; with a larger floor plan. Based on 7 relevant data points in TRAVIS SETTLEMENT, 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