2101 Chisholm TRL, Spicewood TX 78669

The market data from 7 similar recent sales in INVERNESS POINT points to a value of approximately $516,720. To sell within a reasonable timeframe at fair market value, the $285,000 to $295,000 range is where I'd position this. In the current INVERNESS POINT market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The 1977 construction puts this home 12 years older than the comp average, a factor in the pricing. At 0.76 acres, the lot is larger than the 0.54 acre comp average, which factors into pricing. With 5 similar homes currently listed in INVERNESS POINT (a buyer's market), competition is a factor to consider. In 78669, home values have risen approximately 16.7% over the past 6 months. One of the strongest data points is 706 Cargill DR, Spicewood TX 78669, adjusting to $135,529; with a larger floor plan. 7 comparable transactions in INVERNESS POINT support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group