20912 Cedar LN, Spicewood TX 78669

Taking into account 7 nearby comparable sales, this property's estimated value comes to $469,721. If we were to list this property today, I'd recommend a list price in the $645,000 to $683,000 range. This home's position in the current LAKEWOOD ESTATES market: the most affordable of 7 comparable homes on the market among comparable properties. Being built in 1976 (25 years older than comps) is factored into the value estimate. Lot size matters here: 1.00 acres versus 0.35 for the typical comp. The active market in LAKEWOOD ESTATES includes 7 comparable homes priced from $585,000 to $1,995,000. 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 $551,814, with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in LAKEWOOD ESTATES. 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