21017 Cedar LN, Spicewood TX 78669

Based on 7 closed sales in LAKEWOOD ESTATES, the data points to a value around $467,726 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $626,000 to $703,000. 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 1970 (28 years older than comps) is factored into the value estimate. Lot size matters here: 2.62 acres versus 0.40 for the typical comp. 7 similar homes are currently available in LAKEWOOD ESTATES, creating a balanced market for this price range. Market data shows LAKEWOOD ESTATES prices risen 26.3% over the last half year. The closest comparable sale, 20815 Colorado DR W, Spicewood TX 78669 at an adjusted $579,621, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus