20800 Cedar LN, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $576,621. Based on how the local market is moving, a list price between $336,000 and $346,000 would position this home well. Relative to what's currently available in LAKEWOOD ESTATES, this home would be the 4th most expensive of 7 comparable homes on the market. This home's smaller footprint (189 sqft vs the comp average) plays a role in how the market prices it. At 20 years newer than typical comps, the 2009 build date influences the valuation. There are currently 7 similar homes on the market in LAKEWOOD ESTATES, ranging from $340,000 to $3,750,000. The 6 month price trend in LAKEWOOD ESTATES: risen 26.3%. The best comp here is 20815 Colorado DR W, Spicewood TX 78669 at an adjusted value of $499,260, with a larger floor plan. With 7 comparable sales in LAKEWOOD 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