21121 Bertram LN, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $752,491. Based on how the local market is moving, a list price between $730,000 and $775,000 would position this home well. This home's position in the current 78669 market: below the only comparable home currently on the market among comparable properties. At 9 years older than typical comps, the 2001 build date influences the valuation. The larger lot (5.00 acres versus the area average of 1.06) contributes to the valuation. With 1 similar homes currently listed in 78669 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78669: fallen 13.7%. The best comp here is 16101 Shady Nest CT # 41, Austin TX 78738 at an adjusted value of $724,827, a strong comparable. With 7 comparable sales in 78669, 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