21100 Mockingbird LN, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $614,736. For a well positioned listing in LAKEWOOD ESTATES, I'd target the $806,000 to $851,000 range. Against 6 similar active listings in LAKEWOOD ESTATES, this price point lands at the 2nd least expensive of 6 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.58 acre comp average, which factors into pricing. 6 similar homes are currently available in LAKEWOOD ESTATES, creating a buyer's market for this price range. Recent trends in LAKEWOOD ESTATES show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 20815 Colorado DR W, Spicewood TX 78669, with an adjusted value of $564,704; with a smaller floor plan. 5 comparable transactions in LAKEWOOD ESTATES 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