20723 E Lakeshore DR, Spicewood TX 78669

Based on 7 closed sales in CAT EDDY, the data points to a value around $558,503 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $825,000 to $1,183,000. This pricing would rank the home as the most affordable of 7 comparable homes on the market in CAT EDDY's current inventory. The 399 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1980 (17 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in CAT EDDY; a buyer's market based on recent absorption. Market data shows 78669 prices fallen 14.8% over the last half year. The closest comparable sale, 20815 Colorado DR W, Spicewood TX 78669 at an adjusted $625,916, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in CAT EDDY. 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