20704 Thurman Bend RD, Spicewood TX 78669

The estimated value of this property is $689,274, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $292,000 and $302,000. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in LAKEWOOD ESTATES. This home's smaller footprint (441 sqft vs the comp average) plays a role in how the market prices it. Built in 1987, this home is 7 years newer than the average comp, which is reflected in the adjustments. The active market in LAKEWOOD ESTATES includes 4 comparable homes priced from $295,000 to $990,000. Recent trends in LAKEWOOD ESTATES show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 20914 W Lakeshore DR, Spicewood TX 78669, with an adjusted value of $555,323; a strong comparable. Based on 7 relevant data points in LAKEWOOD ESTATES, 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